Data table 2022 2021 Income Statement Revenues (in Thousands) $k$ 15,750 Cost of goods sold 12,010...

 

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Data table 2022 2021 Income Statement Revenues (in Thousands) $k$ 15,750 Cost of goods sold 12,010 a 1,260 1,230 Other expenses Income before income taxes 1,580 2,120 I 742 Income taxes (35%) $ m $ b Net income Statement of Retained Earnings Beginning balance Net income Dividends declared Ending balance Balance Sheet Assets $n$ 2,720 C (80) (160) Sp $ d Data table Balance Sheet Assets Cash Property, plant, and equipment Other assets Total assets Liabilities Current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity $q $ e 1,577 1,326 r 11,242 $s $ 13,658 *St $ 5,630 4,750 3,390 55 200 $ 9,350 $f $ 300 $ 300 u g 220 200 4,438 Data table 55 200 Other liabilities Total liabilities $ 9,350 $f Stockholders' equity: Common stock $ 300 $ 300 Retained earnings u g 220 200 Other stockholders' equity V 4,438 Total stockholders' equity $w $ h Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities $x $ 850 (290) - (450) (510) (570) Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year (200) Cash at end of year y 1,260 $z $j - Summarized versions of Burritos Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements.) Requirement 1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Ro calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Income Statement (in Thousands) Revenues $ 15,750 Cost of goods sold 12,010 1,260 1,230 Other expenses Income before income taxes 1,580 2,120 742 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance Net income Dividends Ending balance Balance Sheet Assets $ 2,720 (80) (160) Balance Sheet Assets Cash Property, plant, and equipment 1,577 1,326 Other assets 11,242 Total assets 13,658 Liabilities Current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 5,630 4,750 3,390 55 200 9,350 $ 300 $ 300 220 200 4,438 Cash Flow Statement Net cash provided by operating activities $ 850 Net cash used in investing activities (290) (450) Net cash used in financing activities (510) (570) Increase (decrease) in cash (200) 1,260 Cash at beginning of year Cash at end of year Data table 2022 2021 Income Statement Revenues (in Thousands) $k$ 15,750 Cost of goods sold 12,010 a 1,260 1,230 Other expenses Income before income taxes 1,580 2,120 I 742 Income taxes (35%) $ m $ b Net income Statement of Retained Earnings Beginning balance Net income Dividends declared Ending balance Balance Sheet Assets $n$ 2,720 C (80) (160) Sp $ d Data table Balance Sheet Assets Cash Property, plant, and equipment Other assets Total assets Liabilities Current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity $q $ e 1,577 1,326 r 11,242 $s $ 13,658 *St $ 5,630 4,750 3,390 55 200 $ 9,350 $f $ 300 $ 300 u g 220 200 4,438 Data table 55 200 Other liabilities Total liabilities $ 9,350 $f Stockholders' equity: Common stock $ 300 $ 300 Retained earnings u g 220 200 Other stockholders' equity V 4,438 Total stockholders' equity $w $ h Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities $x $ 850 (290) - (450) (510) (570) Net cash used in financing activities Increase (decrease) in cash Cash at beginning of year (200) Cash at end of year y 1,260 $z $j - Summarized versions of Burritos Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements.) Requirement 1. Complete Burritos Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Ro calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Income Statement (in Thousands) Revenues $ 15,750 Cost of goods sold 12,010 1,260 1,230 Other expenses Income before income taxes 1,580 2,120 742 Income taxes (35%) Net income Statement of Retained Earnings Beginning balance Net income Dividends Ending balance Balance Sheet Assets $ 2,720 (80) (160) Balance Sheet Assets Cash Property, plant, and equipment 1,577 1,326 Other assets 11,242 Total assets 13,658 Liabilities Current liabilities Long-term debt Other liabilities Total liabilities Stockholders' equity: Common stock Retained earnings Other stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 5,630 4,750 3,390 55 200 9,350 $ 300 $ 300 220 200 4,438 Cash Flow Statement Net cash provided by operating activities $ 850 Net cash used in investing activities (290) (450) Net cash used in financing activities (510) (570) Increase (decrease) in cash (200) 1,260 Cash at beginning of year Cash at end of year