Adjusted Trial Balance December 31, 2016 (Amounts in thousands) Credit Debit Account 4,400 Cash 1,300 Accounts receivable 2,500 Inventories 1.800 Prepaid expenses 16,600 Property, plant, and equipment 2,700 Accumulated depreciation-property, plant, and equipment 9,400 Other assets 7,300 Accounts payable 400 Income tax payable 2,700 Other liabilities 14,600 Common stock 5,800 Retained earnings (beginning, December 31, 2015) 1,200 Dividends 41.400 Sales revenue 25,000 Cost of goods sold 10,400 Sel ing, administrative. and general expenses 2.300 Income tax expense 74.900 74.900 S Total Honeyglazed Hams, Inc. Income Statement Year Ended December 31, 2016 Thousands Revenues: Expenses: Prepare the Honeyglazed Hams Inc. statement of retained earnings for the year ended December 31, 2016 Honeyglazed Hams, Inc Decemb Honeyglazed Hams, Inc. Statement of Retained Earnings Year Ended December 31, 2016 Thousands Add: Subtotal Less: Honeyglazed Hams, Inc. Balance Sheet December 31, 2016 Assets Less: Liabilities Stockholders' Equity