Summarized versions of Heartstring Corporation's financial statements are given for two recent years.

Requirement

1. Complete Heartstring Corporation's financial statements by determining the missing amounts denoted by the letters.

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Ai 2015 2014 in Thousands) 18,090 4,580 Income Statement Revenues Cost of goods sold Other expenses 28,300 3,590 4,760 7 Income before income taxes Income taxes (35%) Net income Statement of Retained Earnings Beginning balance Net income Dividends declared n 6,907 12 94 140 14 Ending balance 15 Balance Sheet 16 Assets 17 Cash ant, and equipment Other assets 9,541 Total assets Liabilities Current liabilities 10,590 6,420 23 Long-term debt ther liabilities 7,100 16,905 $ 500 25Tota abilities 6 Stockholders' equity: Common stock Retained earnings Other stockholders' equity S0D 28 Total stockholders' equity 10,541 Total liabilities and stockholders' equity. 32 Cash Flow Statement 34 36 33 Net cash provided by operating activities 3,050 325) Net cash used in investing activities Net cash used in financing activities (200) Increase (decrease) in cash Cash at beginning of year (15) 2,280 Cash at end of year