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Following are the income statement and balance sheet for BUSTERS MUSIC, Inc. BUSTERS MUSIC, INC CONSOLIDATED STATEMENTS OF INCOME 000's (except share data) Actual 2016
Following are the income statement and balance sheet for BUSTERS MUSIC, Inc. BUSTERS MUSIC, INC CONSOLIDATED STATEMENTS OF INCOME 000's (except share data) Actual 2016 Actual 2017 Total revenue Cost of goods sold Gross proft Labor and other related expenses Other store operating expenses Store operating income General and administrative expenses Operating income Interest expense, net Income before income taxes Provision for income taxes Net income $2,866,531 $2,966,860 979,064 1,920,576 1,987,796 960,288 993,898 563,703 430,195 148,343 281,852 19,542 248,720262,310 78,693 $ 171,600 183,617 945,955 554,534 405,754 142,982 262,772 14,052 77,120 Basic Number of Shares Outstanding 34,945 35,021
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