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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

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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 the following (accounts are listed alphabetically in thousands): Admissions Revenue Concessions Expenses Concessions Revenue Filn Rental Expenses $ 494,600 40,000 313,000 Income Tax Expense office Expenses Rent Expense Salaries and Wages Expense Net Income (Loss) Required: 256,300 41,900 255,700 86,100 74,300 ? 1. Solve for the missing amount by preparing an income statement for the quarter ended June 30, 2019. (Enter your answers in thousands.) NORTHEAST CINEMA, Incorporated Income Statement (in thousands)

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