At January $1($beginning of its fiscal year$),$ Freeman, Incorporated, a financial services consulting firm, reported the following account

balances $($in thousands, except for par and market value per share$)$:

a$.$ Received $$12,700$ cash for consulting services rendered.

b$.$ Issued $42$ additional shares of common stock at a market price of $$136$ per share.

c$.$ Purchased $$960$ of office equipment, paying $25$ percent in cash and owing the rest on a short$-$term note.

d$.$ Received $$1,050$ from clients for consulting services to be performed in the next year.

e$.$ Bought $$790$ of supplies on account.

f$.$ Incurred and paid $$2,280$ in utilities for the current year.

g$.$ Consulted for clients in the current year for fees totaling $$1,940,$ due from clients in the next year.

h$.$ Received $$3,500$ from clients paying on their accounts.

i$.$ Incurred $$6,530$ in salaries in the current year, paying $$5,780$ and owing the rest $($to be paid next year$).$

j$.$ Purchased $$1,550$ in short$-$term investments and paid $$960$ for insurance coverage beginning in the next fiscal year.

k$.$ Received $$26$ in interest revenue earned in the current year on short$-$term investments.

Required:

Prepare an unadjusted classified income statement for the current year ended December $31.($Ignore income taxes.$)$

Note: Enter your answers in thousands, not in dollars.

$*$Red text indicates no response was expected in a cell or a formula$-$based calculation

is incorrect; no points deducted.