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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

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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 YTV, Teletoon, and the Oprah Winfrey Network (Canada). 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, 2015. (Hint First order the items as they would appear on the statement of earnings and then solve for the missing values.) $ 442,155 55,269 159,721 Cost of sales Interest expense Net earnings Revenues Depreciation expense Income tax expense Total expenses excluding income taxes Earnings before income tax 22,485 59,242 $ 218,963

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