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Required information [The following information applies to the questions displayed below.) South Fitness, Incorporated, reported the following Information for the six-month period ended June 29,

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Required information [The following information applies to the questions displayed below.) South Fitness, Incorporated, reported the following Information for the six-month period ended June 29, 2019. Items are listed alphabetically and are in thousands of dollars. Accounts Payable Accounts Receivable Advertising Expense Cash (January 1, 2019) Cash (June 29, 2019) Common Stock Dividends Equipment Income Tax Expense Inventory Notes Payable Office Expense Operating Expenses Retained Earnings (January 1, 2019) Sales Revenue Supplies Other cash flow information Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 1,028,700 594, eee 70,000 1,384,000 1,070,000 1,525,000 310,000 3,066,000 79,00 649,000 348,300 657,000 694,000 2,726,000 1,730,000 169,00 $ 58,000 530,000 1,432,000 1,716,000 184,000 318, ees Required: 1. Prepare an income statement for the six months ended June 29, 2019. (Enter your answers in thousands.) SOUTH FITNESS, Incorporated Income Statement (in thousands)

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