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Suppose Uptown Sporting Goods Company reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the data.)

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Suppose Uptown 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 Uptown Sporting Goods Company's single-step income statement for the year ended July 31, 2021; statement of retained earnings for the yea ended July 31, 2021; and classified balance sheet at July 31, 2021. Use the report format for the balance sheet. Year Ended July 31, 2021 Data table Thousands Retained earnings, July 31, 2020 s Accounts receivable Net revenues Total current liabilities All other expenses Other current assets Other assets 31,400 Cost of goods sold 27,700 Cash 136,000 26,000 177,500 Property and equipment, net 19,900 55,100 Common stock 24,000 40,000 19,000 30,000 Inventories 5,400 Long-term liabilities 22,000 Dividends

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