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K Summarized versions of Tacos Corporation's financial statements for two recent years are as follows (Click the icon to view the financial statements.) Requirement
K Summarized versions of Tacos Corporation's financial statements for two recent years are as follows (Click the icon to view the financial statements.) Requirement 1. Complete Tacos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar (Round the tax calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Income Statement 2022 2021 (in Thousands) Revenues S 16.275 Cost of goods sold 12.010 1,200 1,190 Other expenses Income before income taxes 1,560 1,820 637 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance O Search 2,720 Clear all Check answer 10 >> S 12/1
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