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Thompson Turf Trimmers, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement (Click the icon to view the

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Thompson Turf Trimmers, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement (Click the icon to view the comparative balance sheets) Calculate the following: enter all amounts in thousands. a. Payments to employees b. Payments of other expenses a. Calculate payments to employees The payments to employees are thousand Thompson Turf Trimmers, Inc. Income Statement Year Ended December 31, 2018 (In thousands) Service revenue $ 790 Cost of goods sold 400 Salary expense 30 Depreciation expense 10 Other expenses 200 Total expenses 640 $ GA 150 Net income Print Done T Reference Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2018 and 2017 m to (In thousands) Assets 2018 2017 Liabilities 2018 2017 Current: Cash $ 24 $ $ 56 $ 46 53 29 25 75 16 19 Accounts receivable Inventory Prepaid expenses Plant assets, net Long-term investments 12 67 54 Current 20 Accounts payable 48 Salary payable 86 Accrued liabilities 11 Long-term note payable 182 80 Stockholders' Equity Common stock Retained earnings 427 Total 223 61 48 232 38 245 $ 448 $ $ 448 $ Total 427 Print Done

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