The following items are taken from the financial statements of the Fast Transportation for the year ending December $31,2023($amounts in thousand$)$:

Accounts payable $ $19,000$

Accounts receivable $13,000$

Accumulated depreciation $$ equipment $26,000$

Advertising expense $21,200$

Cash $18,800$

Shareholders$$ capital $(1/1/23)104,000$

Owner$$s drawings $11,000$

Depreciation expense $12,000$

Insurance expense $3,800$

Notes payable, due $6/30/2472,000$

Prepaid insurance $(12-$month policy$)7,200$

Rent expense $16,000$

Salaries and wages expense $32,000$

Service revenue $135,000$

Supplies $5,000$

Supplies expense $6,000$

Equipment $210,000$

Question:

$1.$ What is the net book value of the equipment at December $31,2023?$

$2.$ What is the balance that would be reported for shareholders$$ equity at December $31,2023?$

$3.$ Prepare an income statement for the year.

$4.$ Prepare a balance sheet for Fast Transportation as of December $31,2023.$