Waterway Industries had the following transactions during the quarter


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Waterway Industries had the following transactions during the quarter ended March 31, 2018: Payment of fire insurance premium for calendar year 2018 804000 What amount should be included in Waterway's income statement for the quarter ended March 31,

Sale price $15.00 Regular price $30.00

Waterway Industries had the following transactions during the quarter ended March 31, 2018:

Payment of fire insurance premium for calendar year 2018

804000

What amount should be included in Waterway's income statement for the quarter ended March 31, 2018?

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