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1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole
1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Round th entering a net decrease in cash) Income Statement 2022 2021 (in Thousands) Revenues $ 14,850 Cost of goods sold 11,090 1,310 Other expenses 1,210 Income before income taxes 1,540 1,880 Income taxes (35%) 658 Net income Statement of Retained Earnings Beginning balance $ 2,770 Net income Dividends (78) (60) Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,497 Other assets 1,366 12,101 $ 14,707 Total assets Liabilities Current liabilities $ 5,650 Long-term debt 4,300 3,400 Other liabilities 955 1,100 Total liabilities 9,450
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