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[The following information applies to the questions displayed below.) Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are

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[The following information applies to the questions displayed below.) Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars. Accounts Payable Accounts Receivable Advertising Expense Cash (January 1, 2016) Cash (October 1, 2016) Common Stock Equipment Office Expenses Income Tax Expense Interest Expense Inventories Notes Payable Operating Expenses Retained Earnings (January 1, 2016) Sales Revenue Supplies $521,000 462,900 81,400 666,000 688,260 838, 700 257,000 115,500 19,900 4,200 216,600 55,300 264, 700 261,900 521,560 88,000 Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 39,560 68,400 490,300 539,700 1,700 0 3. Prepare a balance sheet for the nine months ended October 1, 2016. (Enter your answers in thousands.) 3. Prepare a balance sheet for the nine months ended October 1, 2016. (Enter your answers in thousands.) FITBIT, INC. Balance Sheet For the Nine Months Ended October 1, 2016 (in thousands) Assets $ 688,260 Accounts Receivable 462,900 Supplies 88,000 inventories 216,600 Equipment 257,000 Assets $ 1,712,760 Liabilities $ Accounts Payable Notes Payable 521.000 55,300 576,300 Total Lates Stockholders' Equity Common Stock Retained Earnings 838,700 672,660

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