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Cinemark Holdings, Incorporated, operates movies and food concession counters throughout the United States. Its income statement for the quarter ended June 30, 2019, reported
Cinemark Holdings, Incorporated, operates movies and food concession counters throughout the United States. Its income statement for the quarter ended June 30, 2019, reported the following (accounts are listed alphabetically in thousands): Admissions Revenue Concessions Expenses. Concessions Revenue Film Rental Expenses $ 521,000 63,000 345,000 295,000 Income Tax Expense 38,000 Office Expenses 171,000 89,000 Salaries and Wages Expense 109,000 ? Rent Expense Net Income Required: 1. Solve for the missing amount by preparing an income statement for the quarter ended June 30, 2019. (Enter your answers in thousands.)
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