Sales revenue $1,250,000 Selling expenses $128,000 COGS $700,000 Dividend revenue $8,000 Interest expense $17,000 Administrative expense $170,000 Dividends declared $24,000 The amount of income taxes applicable to income was $72,900 Prepare a multiple step income statement below in good form.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.