Suppose Owl Sporting Goods Company reported the following data at July 31, 2018, with amounts in thousands: (Click the icon to view the data.) Use these data to prepare Owl Sporting Goods Company's single-step income statement for the year ended July 31, 2018; statement of retained earnings for the year ended July 31, 2018; and classified balance sheet at July 31, 2018. Use the report format for the balance sheet Use the given data to prepare Owl Sporting Goods Company's income thousands as provided in the problem statement.) mpty; do not select a label or enter a zero. Enter amounts in Data Table Owl Sporting Goods Company Income Statement Retained earnings, Year Ended July 31, 2018 July 31, 2017 Cost of goods sold 31,700 137,400 Thousands Accounts receivable 27,800 Cash. 26,100 174000 Net revenues Property and.equipment, net 137400 Net.revenues. 174,000 19,100 Cost of goods sold 52,600 Common.stock 24,500 32000 Total.current.liabilities All.other expenses. 32,000 Inventories 39,000 4,600 Long-term liabilities Qther current assets. 24,200 Qther assets 21,000 Dividends Print Done