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South Trails Cinema, Incorporated, operates movies and food concession counters throughout the United States. Its Income statement for the quarter ended June 30, 2019, reported
South Trails 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 Film Rental Expenses Income Tax Expense Office Expenses Rent Expense Salaries and Wages Expense Net Income (LOSS) $ 500,600 40.400 315,000 256.900 42,300 256,100 86,500 74,700 2 Required: 1. Solve for the missing amount by preparing an income statement for the quarter onded June 30, 2019. (Enter your answers in thousands.) SOUTH TRAILS CINEMA, Incorporated Income Statement (in thousands)
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