Understanding income statement relationships-Levi Strauss & Co. Following are selected data from the November 26, 2006, and November 27, 2005, consolidated balance sheets and income statements for the years then ended for Levi Strauss & Co. and Subsidiaries. All amounts are reported in thousands.

a. Calculate the missing amounts for each year. (Hint: Prepare an analysis of the accumulated deficit accountfor 2006.)

b. What other balance sheet accounts do you suppose would explain the difference between the total shareholders’ deficit and the accumulated deficit

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Net revenues.. Cost of goods sold. Gross profit.. Selling, general, administrative, and other operating expenses, net. Operating income... Interest expense and other expenses, net. Income before taxes.. Income tax expense Net income.. Dividends declared and paid... As at November 26 and 27, respectively: Total assets.. Total liabilities... Total stockholders' deficit. Accumulated deficit... 2006 $4,192,947 2005 $ ? 2,236,962 1,976,385 1,987,848 ? 1,398,588 ? ? 268,497 306,659 345,162 ? ? 126,654 $ 239,003 $ 155,947 $ ? 0 $2,804,065 ? 3,796,156 4,026,219 ? (1,222,085) (959,478) (1,198,481)