(Learning Objective 4: Preparing the fi nancial statements) Suppose Vulture Sporting Goods Company reported the following data at March 31, 20X6, with amounts in thousands:

Use these data to prepare Vulture Sporting Goods Company’s income statement for the year ended March 31, 20X6; statement of changes in equity for the year ended March 31, 20X6;
and classifi ed balance sheet at March 31, 20X6. Use the report format for the balance sheet.
Draw arrows linking the three statements.