For 2008, Dusan Water Supplies Inc. initiated a sales promotion campai
QUESTION
For 2008, Dusan Water Supplies Inc. initiated a sales promotion campaign that included the expenditure of an additional $21,000 for advertising. At the end of the year, Ivana Novatna, the president, is presented with the following condensed comparative income statement:
Dusan Water Supplies Inc.
Comparative Income Statement
For the Years Ended December 31, 2008 and 2007
2008
ANSWER:
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