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Calculate the missing amounts. When calculating the answers, you may need to solve for a missing value farther down the statement and work backward. (

Calculate the missing amounts. When calculating the answers, you may need to solve for a missing value farther down the statement and work backward. (Enter amounts in thousands as provided to you in the problem statement. Enter decreases in cash with parentheses or a minus sign.)20202019 Income Statement Revenues $14,500Cost of goods sold11,080 Other expenses1,2501,150Earnings before income taxes4,1003,740Income taxes (35% tax rate)1,309Net earnings Statement of Retained Earnings Beginning balance $2,710Net earnings Dividends(305)(205)Ending balance Balance Sheet Assets: Cash Capital assets1,7001,850Other assets 10,436Total assets $14,376Liabilities: Current liabilities $5,630Notes payable and long-term debt4,4003,390Other liabilities50170Total liabilities$9,390 Shareholders' Equity: Common shares$250$250Retained earnings Total shareholders' equity 5,186Total liabilities and shareholders' equity Statement of Cash Flows Net cash provided by operating activities $1,930Net cash used in investing activities(1,030)(860)Net cash used in financing activities(720)(1,010)Increase (decrease) in cash390 Cash at beginning of year 2,030Cash at end of year

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