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Summarized versions of SanchezCorporation's financial statements for two recent years are as follows. ( Click the icon to view the financial statements. ) RequirementComplete Sanchez

Summarized versions of SanchezCorporation's financial statements for two recent years are as follows.(Click the icon to view the financial statements.)RequirementComplete Sanchez Corporation's financial statements by filling in the underlined blanks and determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Round the tax calculation to the nearestthousand dollars. Use parentheses or a minus sign when entering a net decrease in cash)Income Statement (in thousands)Revenues: 2022: $13,7702021: $15,250Cost of goods sold:2022: 11,0102021: 12,260Other expenses:2022: 1,2202021: 1,150Income before income taxes:2022: 1,5402021: 1,840Income taxes (35%):2022: _____2021: 644Net income:2022: _____2021: $1,196Statement of Retained Earnings:Beginning balance:2022: _____2021: $2,690Net income:2022: _____2021: _____Dividends:2022: (88)2021: (80)Ending balance:2022: _____2021: _____Balance Sheet:Assets:Cash:2022: _____2021: _____Property, plant, and equipment:2022: 1,5872021: 1,406Other assets:2022: _____2021: 11,520Total assets:2022: _____2021: $14,326Liabilities:Current liabilities:2022: _____2021: $5,600Long-term debt:2022: 4,2502021: 3,400Other liabilities:2022: 9552021: 1,100Total liabilities:2022: $9,3502021: _____Stockholders' equity:Common stock:2022: $2502021: $250Retained earnings:2022: _____2021: _____Other stockholders' equity:2022: 1002021: 170Total stockholders' equity:2022: ____2021: 4,226Total liabilities and stockholders' equity:2022: _____2021: _____Cash Flow Statement:Net cash provided by operating activities:2022: ____2021: $1,000Net cash used in investing activities:2022: (310)2021: (350)Net cash used in financing activities:2022: (600)2021: (470)Increase (decrease) in cash:2022: (210)2021: _____Cash at beginning of year:2022: _____2021: 1,220Cash at end of year:2022: _____2021: _____

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