Question: E1-6 Preparing an Income Statement and Inferring Missing Values [LO 1-2, LO 1-3) Cinemark Holdings, Inc., operates movies and food concession counters throughout the United
E1-6 Preparing an Income Statement and Inferring Missing Values [LO 1-2, LO 1-3) Cinemark Holdings, Inc., operates movies and food concession counters throughout the United States. Its Income statement for the quarter ended September 30, 2016, reported the following (accounts are listed alphabetically in thousands): Admissions Revenue Concessions Expenses Concessions Revenue Film Rental Expenses Income Tax Expense office Expenses Rent Expense Solaries and Wages Expense Net income $506,600 40,800 317,000 257.500 42,700 256,500 86,980 75,100 Required: 1. Solve for the missing amount by preparing an income statement for the quarter ended September 30, 2016. (Enter your answers in thousands.) CINEMARK HOLDINGS, INC. Income Statement
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