Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31. To simplify the case, the amounts given are in thousands of dollars. UNADJUSTED Debit 23 Account Titles Credit Cash eivable Prepaid insurance 15 Machinery Accumulated depreciation 82 16 abir Wages pavable Income taxes payable Common stock (3,000 shares) capital Retained earnings Revenues (not detailed) Expenses (not detailed) 14 103 30 184 184 Totals Other data not yet recorded at December 31 include: a. Insurance expired during the current year, $14. b. Wages payable, $14. for the current year, $16. d. Income tax expense. $8. Required: 1. Using the adjusted balances, prepare an income statement for the current year. (Enter your answers in thousands. Round "Earnings per share" to 2 decimal places.) GREEN VALLEY COMPANY Income Statement (in thousands of dollars) S 0 Eamings per share tockholders urrent vear. The balance emer retained earnings represents dividends that were declared and paid in the current vear, (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) GREEN VALLEY COMPANY Statement of Stockholders' Equity in thousands f dollars) Total C on Stock Stockholder Paid-in Capital Earnings Equity Beginning balances Ending balances 0$ . Using the adjusted balances, prepare balance sheet for the current year. (Amounts to be deducted should be indicated with a minus sign. Enter your answers thousands.) GREEN VALLEY COMPANY Balance Sheet (in thousands f dollars) Assets Current Assets Total Current Assets Total assets Liabilities and Stockholders' Equity Current Liabilities: Total current liabilities Stockholders' Equity Total liabilities and Stockholders' Equity S