The table below contains data on Fincorp, Inc., the balance sheet items correspond to values at year-end of 2010 and 2011, while the income statement items correspond to revenues or expenses during the year ending in either 2010 or 2011. All values are in thousands of dollars. Construct an income statement for Fincorp for 2010 and 2011. What were reinvested earnings for 2011? How does that compare with the increase in shareholders' equity between the two years?

* Taxes are paid in their entirety in the year that the tax obligation is incurred.

Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed.

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2010 2011 Revenue Cost of goods sold S 4,000.00S 4,100.00 1,700.00 520.00 350.00 550.00 150.00 420.00 350.00 450.00 5,800.00 2,400.00 600.00 410.00 300.00 1,600.00 500.00 300.00 500.00 150.00 400.00 300.00 400.00 5,000.00 2,000.00 1,000.00 410.00 800.00 eciation Inventories Administrative e Intereste Federal and state taxes* Accounts payable Accounts receivable Net fixed assetsf Long-term debt Notes payable Dividends Cash and marketable securities 1