Suppose Tree City Sporting Goods Company reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the data.) Use these data to prepare Tree City Sporting Goods Company's single-step income statement for the year ended July 31, 2021; statement of retained earnings for the year ended July 31, 2021; and classified balance sheet at July 31, 2021. Use the report format for the balance sheet. Use the given data to prepare Tree City Sporting Goods Company's income statement for the year ended July 31, 2021. (If an input field is not used in the income statement leave the field empty; do not select a label or enter a zero. Enter amounts in thousands as provided in the problem statement.) Tree City Sporting Goods Company Income Statement Year Ended July 31, 2021 Net revenues Cost of goods sold Thousands