An investment analyst has been studying the long-term prospects of Six Flags Entertainment Corporation and has asked for assistance. Go to www.sixflags.com and click on “Investors” at the top of the page. Then, click on “Annual Reports” on the left side of the next page. Finally, click on “2013 Annual Report.” Scroll down until you find the company’s financial statements. Look them over carefully. Focus on Note 2, “Chapter 11 Reorganization.”

Required
Write a memo to summarize the information found in this note and the impact on the financial statements of applying fresh start accounting.