Question: Complete the missing elements: Given: Tax Rate 34.00% POR RR 33.33% ABC Corporation Income Statement ($ thousands) Sales Cost of goods sold Depreciation Earnings

Complete the missing elements: Given: Tax Rate 34.00% POR RR 33.33% ABC

Complete the missing elements: Given: Tax Rate 34.00% POR RR 33.33% ABC Corporation Income Statement ($ thousands) Sales Cost of goods sold Depreciation Earnings before interest & taxes Interest paid Taxable income (EBT) Taxes Net income Addition to retained earnings Dividends 2017 $ 2,311 276 691 141 ABC Corporation Balance Sheet as of December 31 2016 and 2017 ($ thousands) Assets Current Liabilities & Owner's Equity 2016 2017 2016 2017 Current assets Current Liabilities Cash 84 98 Accounts payable Accounts receivable 165 188 Notes payable Inventory 393 Total 642 708 Total Long-term debt 312 231 196 543 540 531 Fixed Assets Owners' equity Net Plant & Equip 2,731 Common stock 550 Retained earnings 2,041 Total 2,591 Total assets $ 3.588 Total liabilties & owner's equity $ 3,373 $ 3.588

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