1. ncome statement.Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc.,

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Note:Use a tax rate of

37.5 %

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Complete the table below:(Round the income statement accounts to the nearest thousand dollars and the earnings per share to the nearest cent. Also, use parentheses or a minus sign for numbers to be subtracted.)

Barron Pizza, Inc.
Abbreviated Income Statements for the Years Ending 2012-2014
($ in thousands, except earnings per share)
	Year Ending		Year Ending		Year Ending
Account	2014		2013		2012
Revenue	$	917,319	$	946,195	$
Cost of goods sold	$		$	-669,231	$	-656,126
Gross profit	$	169,325	$		$	315,096
Selling, general, and administrative expenses	$	-70,492	$		$	-193,050
Research and development	$	-5,391	$	-7,082	$	-3,522
Depreciation	$		$	-34,577	$	-35,793
Operating income	$	60,470	$	81,351	$
Other income	$	583	$		$	1,877
EBIT	$		$	82,597	$	84,608
Interest expense	$	-6,834	$		$	-8,853
Income before tax	$		$	74,704	$	75,755
Taxes	$	-20,332	$	-28,014	$
Net income	$		$	46,690	$	47,347
Shares outstanding		16,733,000	$			16,733,000
Earnings per share	$	2.03	$	2.79	$

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