55.

[The following information applies to the questions displayed below.]

Gerrard Construction Co. is an excavation contractor. The following summarized data (in thousands) are taken from the December 31, 2013, financial statements:

For the Year Ended December 31, 2013:
Net revenues	$	33,400
Cost of services provided		11,400
Depreciation expense		6,500
Operating income	$	15,500
Interest expense		3,900
Income tax expense		3,600
Net income	$	8,000
At December 31, 2013:
Assets
Cash and short-term investments	$	2,800
Accounts receivable, net		10,400
Property, plant, and equipment, net		80,400
Total assets	$	93,600
Liabilities and Stockholders' Equity
Accounts payable	$	1,800
Income taxes payable		1,900
Notes payable (long term)		51,600
Paid-in capital		9,000
Retained earnings		29,300
Total liabilities and stockholders' equity	$	93,600

At December 31, 2012, total assets were $81,100 and total stockholders' equitywas $30,900. There were no changes in notes payable or paid-in capital during 2013.

rev: 11_23_2013_QC_41325

55. Required information

a.	From the above income statement and balance sheet for Gerrard Construction Co. What other financial statements are required?

_____Statement of Cash flows _____Statement of changes in stockholders' equity _____Both statement of cash flows and statement of changes in stockholders' equity _____None