(a) Fill in the missing values (in the six empty cells) in the income statement below. (6 points, 1 point each)

Notes:

1. Use the information provided in the problem statement to assign the quantities for the various accounts in the Income Statement sheet below.
2. Calculate the required quantities to indicate the correct amount on each of the blanks in the Income Statement sheet for those accounts.
3. Express your quantities in your answer in thousands ($000).
4. If needed, round your answer to 2 decimal places.

(a) Fill in the missing values in the six empty cells) in the income statement below. (6 points, 1 point each) Notes: 1. Use the information provided in the problem statement to assign the quantities for the various accounts in the Income Statement sheet below. 2. Calculate the required quantities to indicate the correct amount on each of the blanks in the Income Statement sheet for those accounts. 3. Express your quantities in your answer in thousands ($000). 4. If needed, round your answer to 2 decimal places. XYZ Corporation - Income Statement $000's Q1 2018 Revenue 2400 Allowance for Adjustments & Warranty 24 Net Revenue 2376 Q2 2018 1920 Q3 2018 2640 24 12 1908 2616 Cost of Goods Sold 1440 1620 Contribution Margin 936 996 Sales, General, and Administrative Expenses: All Items except Depreciation Depreciation 480 468 492 120 120 120 Operating Income 180 Other Income (no writedowns) 24 36 Net Income 216 408 (b) What is the company's cash flow from operations in Q2 2018? (4 points) Cash flow from operations=$ ,000 (C) The company had retained earnings of $400,000 at the end of Q2 2018. They paid dividends of $40,000 in Q1 2018, $20,000 in Q2 2018, and $50,000 in Q3 2018. What are the company's retained earnings at the end of Q3 2018? (4 points)