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Northeast Cinema, Incorporated, operates movies and food concession counters throughout the United States. Its income statement for the quarter ended June 30, 2019, reported
Northeast Cinema, Incorporated, operates movies and food concession counters throughout the United States. Its income statement for the quarter ended June 30, 2019, reported the following (accounts are listed alphabetically in thousands): Admissions Revenue Concessions Expenses Concessions Revenue Film Rental Expenses Income Tax Expense $ 494,600 40,000 313,000 256,300 41,900 office Expenses 255,700 86,100 Salaries and Wages Expense 74,300 Rent Expense Net Income (Loss) Required: 1. Solve for the missing amount by preparing an income statement for the quarter ended June 30, 2019. (Enter your answers in thousands.) A
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