UNADJUSTED Debit Credit 19 16 11 78 12 Account Titles Cash Accounts receivable Prepaid insurance Machinery Accumulated depreciation Accounts payable Wages payable Income taxes payable Common stock (7,000 shares) Additional paid-in capital Retained earnings Revenues (not detailed) Expenses (not detailed) Totals 7 58 10 83 26 160 160 Other data not yet recorded at December 31 include: a. Insurance expired during the current year, $9. b. Wages payable, $10. c. Depreciation expense for the current year, $12. d. Income tax expense, $13. Required: 1. Using the adjusted balances, prepare an income statement for the current year. (Enter your answers in thousands. Round "Earnings per share" to 2 decimal places.) GREEN VALLEY COMPANY Income Statement For the Year Ended December 31 (in thousands of dollars) Revenues not detailed) Expenses Pretax income Income tax expense Net income Earnings per share 0