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Summarized versions of Corporation's financial statements for two recent years are as follows. Requirement 1. Complete Espinola Corporation's financial statements by determining the missing amounts

Summarized versions of Corporation's financial statements for two recent years are as follows.

Requirement

1.

Complete

Espinola

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 transcribed
P1-67A (similar to) 5 Question Help 0 Summarized versions of Espinola Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements.) Requirement 1. Complete Espinola 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) $ 16,275 Revenues Cost of goods sold Other expenses Income before income taxes 11,060 1,240 1,230 1,510 2.100 735 Income taxes (35%) Net income Statement of Retained Earnings Enter any number in the edit fields and then click Check Answer ? Summarized versions of Espinola Corporation's financial statements for two recent years are as follows Click the icon to view the financial statements.) Requirement 1. Complete Espinola 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) Statement of Retained Earnings Beginning balance Net income $ 2,720 Dividends (90) (160) Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,557 1,386 11,944 Other assets $ Total assets 14,645 Enter any number in the edit fields and then click Check Answer. Score: 0 of 7 pts 1 of 6 (0 complete) HW Score: 0%, 0 of 30 pts P1-67A (similar to) 5 Question Help Summarized versions of Espinola Corporation's financial statements for two recent years are as follows Click the icon to view the financial statements.) Requirement 1. Complete Espinola 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) Liabilities Current liabilities $ Long-term debt 4,600 955 5,670 3,330 1,100 Other liabilities $ 9,000 $ 500 $ 500 Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity 120 120 4,545 Total liabilities and stockholders' equity P1-67A (similar to) B Question Help o Summarized versions of Espinola Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements.) Requirement 1. Complete Espinola 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) Retained earnings 120 Other stockholders' equity 120 Total stockholders' equity 4,545 Total liabilities and stockholders' equity $ Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year (230) (510) 1,000 (475) (510) (200) 1,300 Cash at end of year

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