Construct an income statement for Fincorp for 2021 and 2022. Note: Enter your answers in thousands...

 

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Construct an income statement for Fincorp for 2021 and 2022. Note: Enter your answers in thousands of dollars. Revenue Administrative expenses Depreciation expense Interest expense Cost of goods sold Taxable income Federal and state taxes Net income Fincorp Incorporated Income Statement Reinvested earnings $ $ 2021 4,000 $ 500 500 150 1,600 1,250 400 850 $ What were reinvested earnings for 2022? Note: Enter your answer in thousands of dollars. 2022 4,100 550 520 150 1,700 1,180 420 760 Construct an income statement for Fincorp for 2021 and 2022. Note: Enter your answers in thousands of dollars. Revenue Administrative expenses Depreciation expense Interest expense Cost of goods sold Taxable income Federal and state taxes Net income Fincorp Incorporated Income Statement Reinvested earnings $ $ 2021 4,000 $ 500 500 150 1,600 1,250 400 850 $ What were reinvested earnings for 2022? Note: Enter your answer in thousands of dollars. 2022 4,100 550 520 150 1,700 1,180 420 760

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Fincorp Incorporated Income Statement 2021 Revenue 4000 Adm... View the full answer