1 Homework Saved [The following information applies to the questions displayed below) Fitbit , Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars. 4 Accounts Payable Accounts Receivable Advertising Expense Cash (January 1, 2016) Cash (October 1, 2016) Common Stock Equipment office Expenses Income Tax Expense Interest Expense Inventories Notes Payable Operating Expenses Retained Earnings (January 1, 2016) Sales Revenue Supplies $521,100 467.000 88,500 666,100 689,270 839,209 257,100 115,600 20,000 4.300 216,700 55,400 264,800 262,000 522,670 88,180 Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 39,570 68,500 490,400 540, 700 1,800 e Required: 1. Prepare an income statement for the nine months ended October 1, 2016. (Enter your answers in thousands.) FITBIT, INC. Income Statement (in thousands) 0 Prepare a statement of retained earnings for the nine months ended October 1, 2016. (Enter your answers in thousands.) FITBIT, INC. Statement of Retained Earnings in thousands) Retained Earnings, January 1, 2016 Retained Earnings, October 1, 2016 $ 0 3. Prepare a balance sheet for the nine months ended October 1, 2016. (Enter your answers in thousands.) FITBIT, INC Balance Sheet (in thousands) 0 0 0 0 4. Prepare a statement of cash flows for the nine months ended October 1, 2016. (Cash outflows should be entered as negative amounts. Enter your answers in thousands.) FITBIT, INC Statement of Cash Flows (in thousands) Cash Flows from Operating Activities 0 Cash Flows from Investing Activities 0 Cash Flows from Financing Activities 0 O