Below is a list of income statement accounts for Nepal Inc. as of December 31, 2021: 
Instructions
a) Present the income statement in the correct order.
b) What is the applicable tax rate for Nepal Inc.?
Definitions:
MLA Guidelines
A set of rules and standards for writing and formatting papers and reports, established by the Modern Language Association.
Works Cited
A list of references included at the end of academic papers or publications, detailing sources used by the author.
MLA Guidelines
A set of standardized rules and conventions for formatting academic documents and citing sources, established by the Modern Language Association.
Correctly Formatted
Describes work or content organized properly according to the prescribed format or regulations.
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