The condensed income statement for a business for the past year is presented as follows:
A)$10,000 increase
B)$20,000 increase
C)$10,000 decrease
D)$20,000 decrease

Question

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The Answer of The condensed income statement for a business for the past year is presented as follows:
A)$10,000 increase
B)$20,000 increase
C)$10,000 decrease
D)$20,000 decrease

The Condensed Income Statement for a Business for the Past