At January 1 (beginning of its fiscal year), Conover, Inc., a financial services consulting firm, reported the following account balances (in thousands, except for par and market value per share): $ Cash $ 2,080 Accounts payable Short-term investments 500 Unearned revenue Accounts receivable 3,840 Salaries Payable Supplies 240 Short-term note payable Prepaid expenses 5,080 Common stock ($1 par value) office equipment 1,710 Additional paid-in capital Accumulated depreciation-office equipment* (390) Retained earnings 300 1,500 1,050 870 59 7,001 2,280 *This account has a credit balance representing the portion of the cost of the equipment used in the past. a. Received $11,300 cash for consulti services rendered. b. Issued 28 additional shares of common stock at a market price of $129 per share. c. Purchased $820 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $980 from clients for consulting services to be performed in the next year. e. Bought $650 of supplies on account. f. Incurred and paid $2,070 in utilities for the current year. g. Consulted for clients in the current year for fees totaling $1,800, due from clients in the next year. h. Received $3,360 from clients paying on their accounts. i. Incurred $6,390 in salaries in the current year, paying $5,570 and owing the rest (to be paid next year). j. Purchased $1,410 in short-term investments and paid $890 for insurance coverage beginning in the next fiscal year. k. Received $19 in interest revenue earned in the current year on short-term investments. Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31. (Ignore income taxes.) (Enter your answer in thousands, not in dollars.) Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31. (Ignore income taxes.) (Enter your answer in thousands, not in dollars.) CONOVER, INC. Income Statement (unadjusted) Operating revenues: 0 Total operating revenues Operating expenses: Total operating expenses 0 Other item: $ 0