(TCOs B, E) The following items are taken from the financial statements of Calidor Company for 2010.
| Accounts payable | $45,000 |
| Accounts receivable | 55,000 |
| Accumulated depreciation | 9,600 |
| Bonds payable | 38,000 |
| Cash | 74,000 |
| Common stock | 135,000 |
| Cost of goods sold | 34,000 |
| Depreciation expense | 4,800 |
| Dividends | 7,000 |
| Equipment | 50,000 |
| Interest expense | 4,500 |
| Patents | 19,500 |
| Retained earnings, January 1 | 40,000 |
| Salaries expense | 20,200 |
| Sales revenue | 75,500 |
| Supplies | 2,000 |
Instructions:
Prepare a multiple-level income statementt for Calidor Company.
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