i can't figure out what is missing and what should be the loss before income taxes.
Tableau Software provides business analytics software products, including Tableau Desktop, Tableau Server, and Tableau Online. It is considered a leader in the data analytics/business intelligence movement. However, Tableau doesn't just license its products for use by others. It also provides maintenance, support, training, and professional services to various customers. As a consequence, its Income statement shows two sources of operating revenues (product licenses/maintenance and services) and two related costs of goods/services provided to customers. Presented below are the items adapted from its recent income statement for the year ended December 31 (in thousands, except per share amounts): Net earnings per share were minus $2.35, which would normally be noted as ($2.35), and the weighted average shares used in the computation was 78,869 02:33:49 Cost of licensen Cost of maintenance and services General and administrative expense Income tax expense License revenge $ 13,534 Maintenance and services revenue 100.025 Other income 102,871 Sales and marketing expense 6,861 Research and development expense 429.204 $447,855 12.266 517.446 336,148 Required: 1. Recognizing that Tableau has two sources of operating revenues, prepare a classified (multiple-step) income statement. 2. Which source of operating revenues produces the higher gross profit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Recognizing that Tableau has two sources of operating revenues, prepare a classified (multiple-step) income statement. (Enter all losses with a minus sign. Enter your answers in thousands.) TALEAU SOFTWARE Consolidated Statement of Income For Year Ended December 31, Current Year (In thousands, except per share amounts) Net revenues: License revenue $ 429 2041 Q on se For Year Ended December 31, Current Year (In thousands, except per share amounts) Net revenues: License revenue $ 429,204 Maintenance and services revenue 447,855 1 1 1 $ 877,059 1 Total net revenue Cost of sales: Cost of licenses Cost of maintenance and services SI SI 10 SI RI TL 1 13,534 00,025 1 1 113,559 763,500 1 Total cost of revenues Gross profit Operating expenses: General and administrative expense Sales and marketing expense Research and development expense 102,871 517,446 334,148 334,148) Total operating expenses Operating loss 954,465 (190,965) Loss before income taxes Income tax expense 197,811 6.861