Requirement 1. Detormine the missing amounts denoted by the letters. Calculate the missing amounts. When calculating the answers, you may need to solve for a missing value far sign. Round answers to the nearest whole dollar.) 2017 2016 (in thousands) Statement of Income 11500 $15 evenues Cost of goods sold Other expenses Earnings before income taxes Income taxes (35% tax rate) Net earnings Statement of Retained Earnings 15500 1,16 3,740 11,500 1,260 4,300 15051,309 Beginning balance 2,710 Enter any number in the edit fields and then click Check Answer. parts remaining