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 $13,500 cash for consulting services rendered. b. Issued 50 additional shares of common stock at a market price of $140 per share. c. Purchased $1,040 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $1,090 from clients for consulting services to be performed in the next year. e. Bought $870 of supplies on account. f. Incurred and paid $2,400 in utilities for the current year. g. Consulted for clients in the current year for fees totaling $2,020, due from clients in the next year. h. Received $3,580 from clients paying on their accounts. i. Incurred $6,610 in salaries in the current year, paying $5,900 and owing the rest (to be paid next year). j. Purchased $1,630 in short-term investments and paid $1,000 for insurance coverage beginning in the next fiscal year. k. Received $30 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