The accounting records of JetAway Airlines reveal the following. The fiscal year ends on September 30 and amounts are in thousands of US$:

a. Prepare a comparative balance sheet for JetAway Airlines as of September 30, 2013, and September 30, 2012, in the format used in Exhibit 1.1.
Classify each balance sheet item into one of the following categories: current assets, noncurrent assets, current liabilities, noncurrent liabilities, and shareholders’ equity.
b. Prepare an income statement for JetAway Airlines for the year ended September 30, 2013.
c. Prepare a schedule explaining the change in retained earnings between September 30, 2012, and September 30, 2013. JetAway declared and paid dividends during fiscal2013.

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February 27, 2013 February 28, 2012 Assets Current Assets $1,826 90 2,020 5,486 1,144 10,566 S 498 Cash and cash equivalents. Short-term investments Receivables Merchandise inventories Other current assets 1,868 4.753 1,062 8,192 Total current assets Property and Equipment Land and buildings Leasehold improvements. Fixtures and equipment Property under capital lease 757 2,154 4,447 95 7453 755 2,013 4,060 6,940 Less: Accumulated depreciation Net property and equipment. Goodwill Tradenames Customer relationships. Equity and other investments. Other assets.. ._ _ _ . . . . _ _ _ . ..._ _ _ _ ..._.. Total assets 4,070 2,452 159 279 324 452 2,203 322 395 367 $15,826 Liabilities and Shareholders' Equity Current Liabilities 5,276 Accounts payable Unredeemed gift card liabilities Accrued compensation and related expenses. Accrued liabilities Accrued income taxes Short-term debt Current portion of long-term debt $ 4,997 479 459 1,382 281 783 54 8,435 1,109 1,126 10,670 544 1,681 663 Total current liabilities Long-term liabilities Long-term debt Commitments and contingencies. 8,978 1,256 1,104 11,338 Total liabilities Shareholders' Equity Preferred stock. Common stock Additional paid-in capital. Retained Earnings Accumulated other comprehensive income 441 5,797 40 6,320 644 6,964 $18,302 205 4,714 4,643 513 5,156 $15,826 Total Great Deal shareholders' equity Noncontrolling interests. Total shareholders' equity Total Liabilities and Shareholders' Equity