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You are presented with the following alphabetical list of accounts and balances (in thousands) for Oriole Enterprises Inc at June 30, 2021. All accounts have

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You are presented with the following alphabetical list of accounts and balances (in thousands) for Oriole Enterprises Inc at June 30, 2021. All accounts have a normal balance. Accounts payable $5.000 Income tax payable $100 Accounts receivable 3,500 Interest expense 100 Accumulated depreciation-buildings 3,000 Land 12,700 Accumulated depreciation-equipment 1.500 Long-terminvestments 3.450 Buildings 12.500 Mortgage payable, due 2025 12,500 Cash 1,800 Office expense 3,500 Common shares 5.500 Prepaid insurance 800 Dividends declared 2.500 Retained earnings 6,250 Equipment 3.500 Service revenue 25.300 Income tax expense 1.500 Salaries expense 13.300 In addition to this information.common shares in the amount of $ 2.500 were issued during the year and $ 1,250 of the mortgage is currently due Prepare a statement of income for the year (Enter amounts in thousands.) ORIOLE ENTERPRISES INC. Statement of Income Prepare a statement of income for the year. En toutounts thousands ORIOLE ENTERPRISES INC. Statement of Income $ $ S Prepare a statement of changes in equity for the year. (Enter amounts in thousands. If on amount reduce the account balance thenienter with negative or parenthesese. 45) or 5 Prepare a statement of changes in equity for the year. (Enter amounts in thousands. Man amount reduces the account balance then anter with negative sign or parentheses (45) or-45.) ORIOLE ENTERPRISES INC. Statement of Changes in Equity Common Shares Retained Earnings Total E S S $ $ S ORIOLE ENTERPRISES INC. Statement of Financial Position Assets S S S Labtes and Shareho der Equity Liabilities and Shareholders' Equity

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