Based on the Starbucks Corporation financial statement data shown in Exercise 1-22, prepare an income statement for the year ending October 1, 2006.

Exercise 1-22

Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees and a variety of other complementary items, primarily through company-operated retail stores.
The following items were adapted from the annual report of Starbucks Corporation for the period ending October 1, 2006:

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1. Accounts payable 2. Accounts receivable 3. Accrued taxes payable 4. Additions to property, plant, and equipment 5. Inventories In thousands $ 340,937 224,271 94,010 771,230 636,222