Connie’s Cookie Company provided the following accounts from its year-end trial balance. (Click …

 
   

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Connie’s Cookie Company provided the following accounts from its year-end trial balance. (Click the icon to view the year-end trial balance accounts.) The company is subject to a 45% income tax rate. Prepare a multiple-step income statement for the current year. Prepare Connie’s multiple-step income statement for the current year, one section at a time. (List the subhead expenses or a loss.)