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E1-6 (Static) Preparing an Income Statement and Inferring Missing Values [LO 1-2, LO 1-3] Cinemark Holdings, Incorporated, operates movies and food concession counters throughout the
E1-6 (Static) Preparing an Income Statement and Inferring Missing Values [LO 1-2, LO 1-3] 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 $ 521, 000 Concessions Expenses 63, 000 Concessions Revenue 345, 000 Film Rental Expenses 295, 000 Income Tax Expense 38, 000 Office Expenses 171, 000 Rent Expense 89, 000 Salaries and Wages Expense 109,000 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.) CINEMARK HOLDINGS, Incorporated Income Statement (in thousands)
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