Question: PLEASE USE THE VALUES GIVEN AND PLEASE ANSWER WITH DETAILED EXPLANATION SO I CAN UNDERSTAND Problem 2 (30pts) - Fill in the missing values in

PLEASE USE THE VALUES GIVEN AND PLEASE ANSWER WITH DETAILED EXPLANATION SO I CAN UNDERSTAND
Problem 2 (30pts) - Fill in the missing values in the six empty cells) in the income statement below. XYZ Corporation - Income Statement $000's 2010 2012 2011 Revenue 5008 Allowance for Adjustments & Warranty Net Revenue 5000 5500 6000 3500 Cost of Goods Sold Contribution Margin 3250 2250 2500 Sales, General, and Administrative Expenses: All Items except Depreciation Depreciation 1200 250 1250 250 1300 250 550 Operating Income Other Income (no writedowns) Net Income 15 20 565 975 What is the above company's cash flow from operations in 2010? At the end of 2011, the above company had retained earnings of $5 million. If they paid a $270 thousand dividend in 2011 and a $275 thousand dividend in 2012, what are its retained earnings at the end of 2012? Problem 2 (30pts) - Fill in the missing values in the six empty cells) in the income statement below. XYZ Corporation - Income Statement $000's 2010 2012 2011 Revenue 5008 Allowance for Adjustments & Warranty Net Revenue 5000 5500 6000 3500 Cost of Goods Sold Contribution Margin 3250 2250 2500 Sales, General, and Administrative Expenses: All Items except Depreciation Depreciation 1200 250 1250 250 1300 250 550 Operating Income Other Income (no writedowns) Net Income 15 20 565 975 What is the above company's cash flow from operations in 2010? At the end of 2011, the above company had retained earnings of $5 million. If they paid a $270 thousand dividend in 2011 and a $275 thousand dividend in 2012, what are its retained earnings at the end of 2012
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