The following information applies to the questions displayed below) Nicole Mackisey is thinking of forming her own spa business, Nicole's Getaway Spa (NGS), Nicole expects that she and two family members will each contribute $10,000 to the business and receive 1000 shares each. Nicole forecasts the following amounts for the first year of operations, ending December 31, 2018: Cash on hand and in the bank, $3 250, amounts due from customers from spa treatments, $1,890, building and equipment, $72,000, amounts owed to beauty supply outlets forsoa equipment, $4.770 notes payable to a local bank for $39,970 Cash dividends of $6,500 will be paid to the stockholders during the year. Nicole also forecasts that first-year sales revenues will be $64 100 wages webe $29.500, the cost of supplies used up will be $12.500, office expenses will be $10,500, and income taxes will be $2.700 CC1-1 Part 3 3. Prepare a forecasted) balance sheet for Nicole's Getaway Spa at December 31, 2018 NICOLES GETAWAY SPA At December 31, 2018 Accounts Recebe Usabilities Nobos Payable LA To Ourent Equy Common Stock Retained Engs OLIO 6 Next > asi potx " here to search Required information CC1-1 Financial Statements for a Business Plan (LO 1-2, LO 1-3) The following information applies to the questions displayed below.) Nicole Mackisey is thinking of forming her own spa business, Nicole's Getaway Spa (NGS). Nicole expects that she and two family members will each contribute $10,000 to the business and receive 1,000 shares each. Nicole foreca following amounts for the first year of operations, ending December 31, 2018: Cash on hand and in the bank, $3,250, amounts due from customers from spa treatments, $1,890, building and equipment, $72,000, amounts owed to beauty supply outlets for spa equipment, $4,770, notes payable to a local bank for $39,970. Cash dividends of $6,500 will be paid to the stockholders during the year. Nicole also forecasts that first-year sales revenues will be $64,100; wages will be $29,500; the cost of supplies used up will be $12,500; office expenses will be $10,500; and income taxes will be $2,700. CC1-1 Part 4 4. Are creditors or stockholders expected to assets at December 31, 2018? Creditors Stockholders Required information Reporting Amounts on the Four Basic Financial Statements and Evaluating Financial Statements [LO 1-2 LO 1-3) The following information applies to the questions displayed below! Fitbit, Inc. reported the following information for the nine month period ended October 2016. Items are in thousands of dollars 35 . 53,500 Accounts Payable accounts Receivable Advertising wees Cash (January 1, 2016) Cash (October 1, 2016) Co Stock Eigent offices 336.00 216. le Notes Opera 21.5 Selles Career stock Cash paid to have equipment Cash paid toller e s Cash received from customers Cath received the sale of long-term assets CPI-3 Part 1 Required Prepare an income statement for the nine months ended October 1, 2016. (Enter your ans o d 2016 LO 1-3] 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 2016) Equipent Office Expenses Income Tax t ense Interest Expense Inventories Notes Payable Operating Expenses Retained Brings (January 1, 2016) Sales Revenue 452.50 81.000 . 4,220 836,00 256.600 115.100 19.500 3,80 216,200 54,90 264,300 261,500 517,120 87.6 Other cash flow information Cash received from Issuing common stock Cash paid to purchase equipment Cach paid to suppliers and employees Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders $ 39,520 68,000 49.900 535,700 1,300 CP1-3 Part 1 Required: 1. Prepare an income statement for the nine months ended October 1, 2016. (Enter your answers in thousands.) FITEL INC. Income Statement For the Nine Months Ended October 1, 2016 thousands Operating te