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Please check over the answers I already filled in, im not sure they are right. 1. Complete Heartstring Corporation's financial statements by determining the missing

Please check over the answers I already filled in, im not sure they are right.

1.

Complete

Heartstring

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)image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Summarized versions of Heartstring Corporation's financial statements for two recent years are as follows. (Click the icon to view the financial statements.) Requirement 1. Complete Heartstring 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) 2019 2018 Income Statement (in Thousands) Revenues 13885 $ 15,100 Cost of goods sold 11980 11,080 1,255 1,230 Other expenses Income before income taxes 1,550 543 1,890 662 Income taxes (35%) 1007 1228 Net income Statement of Retained Earnings Beginning balance Net income 3928 $ 2,780 1007 1,228 (80) Dividends (78) 4857 3,928 Ending balance Balance Sheet Assets Cash 1040 1,230 Property, plant, and equipment 1,567 1,386 Other assets 12120 11,012 14727| $ 13,628 Total assets Liabilities Current liabilities 5155 $ 5,710 Long-term debt 4,250 3,380 45 Other liabilities 190 Total liabilities $ FA 9,450 9280 Stockholders' equity: Common stock 300 $ 300 Retained earnings 4857 3928 120 120 Other stockholders' equity 5277 Total stockholders' equity 4,348 14727 13628 Total liabilities and stockholders' equity Cash Flow Statement 510 $ 950 Net cash provided by operating activities Net cash used in investing activities (200) (500) (450) (530) Net cash used in financing activities Increase (decrease) in cash (30) (190) 1230 Combatherinninn afvaar 1,260 equity Cash Flow Statement 510 $ 950 Net cash provided by operating activities Net cash used in investing activities (200) (500) (450) (530) Net cash used in financing activities Increase (decrease) in cash (190) 1230 (30) 1,260 Cash at beginning of year 1040 1230 Cash at end of year - Data table 2019 2018 1. Data Table ement (in Thousands) $k $ 15,100 Revenues Cost of goods sold a 11,080 1,255 Other expenses 1,230 Income before income taxes 1,550 1,890 662 Income taxes (35%) $ m $b Net income Statement of Retained Earnings Beginning balance $ n$ 2,780 Net income o Dividends declared (78) (80) $p $ d Ending balance Balance Sheet Assets Cash $ 9 $ e Property, plant, and equipment 1,567 1,386 11,012 Other assets r Print Done 1 Data table Omner assets $s $ 13,628 Total assets Liabilities Current liabilities $t $ 5,710 Long-term debt 4,250 3,380 45 190 Other liabilities Total liabilities $ 9,450 $ f Stockholders' equity: Common stock $ 300 $ 300 Retained earnings u g 120 120 Other stockholders' equity V Total stockholders' equity 4,348 $ w $ h Total liabilities and stockholders' equity Cash Flow Statement $ x $ 950 Net cash provided by operating activities Net cash used in investing activities (200) (500) (450) (530) Net cash used in financing activities Increase (decrease) in cash (190) V 1 260 Print Done Cash Flow Statement $ x $ 950 Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash (200) (500) (450) (530) (190) Cash at beginning of year y 1,260 $ z $ j Cash at end of year

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