Lincoln Log Construction produces prefabricated log homes. It has the following comparative financial information available for the past three years. Compute the net income for 2022, 2021, and 2020, and indicate whether the company's profitability has improved or worsened over the 3-year period. Explain what is causing the performance change.

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The Answer of Lincoln Log Construction produces prefabricated log homes. It has the following comparative financial information available for the past three years. Compute the net income for 2022, 2021, and 2020, and indicate whether the company's profitability has improved or worsened over the 3-year period. Explain what is causing the performance change.

Lincoln Log Construction Produces Prefabricated Log Homes