Question 1: Urbancolor Corporation operates movies and food concession counters throughout the United States. Its income statement for the quarter ended September 30, Year 1, reported the following (accounts are listed alphabetically in thousands): Admissions Revenue Concessions Expense Concessions Revenue Film Rental Expense $350,000 Office Expense $135,000 35,500 290,500 210,000 18,000 Rent Expense 66,200 Salaries and Wages Expense 103,800 Net Income ? Income Tax Expense Required: 1. Solve for the missing amount by preparing an income statement for the quarter ended September 30, Year 1. 2. What are Urbancolor Corporation's main source of revenue and two biggest expenses?