Listed in alphabetical order, the following selected items (in thousands) were taken from Blossom Information Technology Company's December 31, 2017, financial statements:

1.Accounts payable $870

2.Accounts receivable900

3.Cash 3,600

4.Consulting revenue 17,700

5.Equipment 5,030

6.Interest expense 730

7.Rent expense $4,590

8.S. Blossom, capital, Jan. 1 (6,530)

9.S. Blossom, drawings 3,210

10.Salaries expense 3,480

11.Utilities expense 310

In each case, identify whether the item is an asset, liability, capital, drawings, revenue, or expense item and also identify which financial statementincome statement, statement of owner's equity, or balance sheeteach item would be reported on. The first one has been done for you as an example.

1.Accounts payableLiabilityBalance Sheet2.Accounts receivable

Liability

Revenue

Expense

Drawings

Capital

Asset

Balance Sheet or Income Statement or Owner's Equity

3.Cash

Revenue

Liability

Expense

Asset

Capital

Drawings

Balance Sheet or Owner's Equity or Income Statement

4.Consulting revenue

Revenue

Drawings

Capital

Liability

Asset

Expense

Income Statement or Owner's Equity or Balance Sheet

5.Equipment

Asset

Liability

Capital

Drawings

Revenue

Expense

Balance Sheet or Income Statement or Owner's Equity

6.Interest expense

Capital

Asset

Liability

Expense

Drawings

Revenue

Owner's Equity or Balance Sheet or Income Statement

7.Rent expense

Asset

Capital

Drawings

Revenue

Expense

Liability

Owner's Equity or Balance Sheet or Income Statement

8.S. Blossom, capital, Jan. 1

Drawings

Capital

Expense

Asset

Revenue

Liability

Income Statement or Balance Sheet or Owner's Equity

9.S. Blossom, drawings

Capital

Asset

Drawings

Revenue

Liability

Expense

Owner's Equity or Balance Sheet or Income Statement

10.Salaries expense

Asset

Revenue

Expense

Capital

Liability

Drawings

Income Statement

Owner's Equity

Balance Sheet

11.Utilities expense

Expense

Drawings

Revenue

Asset

Liability

Capital

Balance Sheet or Income Statement or Owner's Equity

Calculate the company's profit or loss for the year ended December 31, 2017.(Enter amounts in thousands.)

Profit or Loss=$