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1. Complete Heartstring Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, ro calculation to the nearest thousand dollars. Use
1. Complete Heartstring Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, ro calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Income Statement (in Thousands) Revenues $ 15,500 Cost of goods sold 12,010 1,240 1,230 Other expenses Income before income taxes 1,570 1,830 641 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance Net income Dividends $ 2,740 (86) (50) Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,587 Other assets 1,366 12,128 $ 14,584 Total assets
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