Corporations have the advantage of having limited liability True or False True False Corus Entertainment Inc. is a Canadian integrated media and entertainment company that delivers engaging, interactive, and informative content to millions of people every day. Its television services include Global Showcase, and YTV. It also owns many radio stations in the major Canadian markets. A recent annual statement of earnings contained the following items (in thousands of Canadian dollars). Solve for the missing amounts and prepare a condensed statement of earnings for the year ended August 31, 2018 (Hint First order the items as they would appear on the statement of earnings and then solve for the missing values) (Enter your answers in thousands of dollars, not in whole dollars. Lous amounts should be indicated with a minus sign.) $ 419 529 52 569 (156,508) Cost of sales Interest expense Net earnings (los) Revenues Depreciation and amortization expense Income tax expense Total expenses excluding income taxes Other expenses and losses General and administrative expenses Earnings before income tax 20.400 62,242 1 037455 135, 782