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Read Chapter 4 of your textbook IntermediateAccounting 16th edition and write a 1,500 word essay that addresses the following topics:

-What is the usefulness of the income statement?

-Describe the elements of the income statement.

-What are discontinued operations?

-Describe changes in accounting principles, change in estimates, and correction of errors.

Make sure not to copy paste text from the textbook. Keep the Turnitin similarity at 15% or less. Make sure to use at least 5 references with intext citations. Use APA style. Include an introduction, and a conclusion.

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