S3-15. (Learning Objective 4: Preparing the financial statements) Suppose Hawk Sporting Goods Company reported the following data at March 31, 20X8, with amounts in thousands: Retained carnings, March 31, 20X7 ........4,000 Accounts receivable... 37,800 Net revenues. 188,000 Total current liabilities.. 48,000 All other expenses... 24,300 Other current assets..... 6,400 Other assets......... 31,600 Cost of goods sold. Cash.... Property and equipment, net Share capital... Inventories... Long-term liabilities Dividends..... $142,500 1,700 7,500 30,000 25,000 8,000 1,200 Use these data to prepare Hawk Sporting Goods Company's Income Statement for the year ended March 31, 20X8; statement of changes in equity for the year ended March 31, 20X8; and classi- fied Balance Sheet at March 31, 20X8. Use the report format for the Balance Sheet. Draw arrows linking the three statements