P1-61A. (Learning Objective 4: Analyzing a company’s financial statements) Summarized versions of Carlos Corporation’s financial statements are given for two recent years.

Requirement 1. Determine the missing amounts as denoted by the letters.

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1 2 A1 3 4 5 6 7 8 9 10 11 12 13 14 15 Income Statement Revenues Cost of goods sold Other expenses Income before income taxes Income taxes (35% tax rate) Net Income Statement of changes in Equity Beginning balance Shares bought back Net Income Dividends Ending balance 16 Balance Sheet 20X6 20X5 (In thousands) $ k $16,020 11,000 a 1.250 1,200 1,600 1,920 1 672 S m $ b $ n $ 2,826 (30) 0 0 (96) (200) P S d 17 Assets 18 Cash $ q $ e 19 Property, plant and equipment 1,680 1,725 20 Other assets T 10,184 21 Total assets $ S $13,069 22 Liabilities 23 Current liabilities. S t $ 5,725 24 Notes payable and long-term debt 4,250 3,400 25 Other liabilities 60 70 26 Total liabilities $9,600 S f 27 Shareholders' equity: 28 Share capital $ 400 $ 410 29 Retained earnings g wwwwwwwwww 30 31 32 33 34 35 36 37 38 Total shareholders' equity Total liabilities and shareholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in Investing activities Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year Cash at end of year V 3,874 $ W $ h $ x $ 850 (220) (320) (575) (570) (80) y 1.200 S Z S 39