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Thompson Turf Trimmers, Ine, reported the following financial statements for 2018 Click the icon to view the income statement Cuck the icon to view the

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Thompson Turf Trimmers, Ine, reported the following financial statements for 2018 Click the icon to view the income statement Cuck the icon to view the comparative balance sheets) Calculate the following: enter at amounts in thousands a. Payments to employees b. Payments of the expenses 1 a. Calculate payments to employees The payments to employees are Reference thousand Reference Thompson Turf Trimmers, Inc Comparative Balance Sheets December 31, 2018 and 2017 (in thousands) Assets Current 2010 2017 $ 5 361 46 790 29 25 Thompson Turf Trimmers, Inc Income Statement Year Ended December 31, 2018 in thousands) Service revenue 5 Cost of goods sold Salary expense Depreciation expense Other expense Total expen $ Net income 100 16 10 Account motivatie Inventory Prepaid expenses Plantcs.net Long-ton investments 2010 2017 Liabilities Current 245 20 Accounts payable 53 40 Salary payable 75 30 Accedi 12 11 Long term not payable 223 162 51 30 Stockholders' Equity Common stock Retained Gaming 4485 427 Total GY 54 30 10 200 140 4 232 38 245 150 Total $ $ 4485 422 Calculate the following, enter all amounts in thousands. a. Payments to employees b. Payments of other expenses > Reference Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2018 and 2017 (In thousands) Assets 2018 2017 Liabilities 2018 2017 Current: Current Cash 24 $ $ 56 $ 46 53 29 25 75 16 19 Accounts receivable Inventory Prepaid expenses Plant assets, net Long-term investments 12 67 54 223 20 Accounts payable 48 Salary payable 86 Accrued liabilities 11 Long-term note payable 182 80 Stockholders' Equity Common stock Retained earnings 427 Total 61 48 38 232 245 Total 448 $ 448 $ 427 - Reference Thompson Turf Trimmers, Inc. , Income Statement Year Ended December 31, 2018 (In thousands) Service revenue $ 790 Cost of goods sold 400 30 Salary expense Depreciation expense 10 Other expenses 200 Total expenses 640 Net income $ 150

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