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Excel Activity: Financial Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets

image text in transcribed Excel Activity: Financial Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) thousand should be entered as 1 , not 1,000 . Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any. X Download spreadsheet Financial Statements, Cash Flow, and Taxes-712366.xlsx Given this information, construct the firm's 2021 income statement

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