W P1-67A (similar to) Question Help Data Table Summarized versions of Sanchez Corporation's financial statements for two recent years are as follows. (Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Dividends declared (82) (150) $p $d 2019 2018 Ending balance Income Statement (in Thousands) Balance Sheet Assets Revenues $ 14,500 Cash $ e $9 1,577 Cost of goods sold Property, plant, and equipment 11,090 1,290 1,366 11,652 Other expenses 1,230 r Other assets Income before income taxes 1,610 2,120 Total assets $s $ 14,533 742 Income taxes (35%) Liabilities Net income Current liabilities $t $ 5,630 Long-term debt 4,650 Statement of Retained Earnings Beginning balance 3,320 1,130 985 $ 2,770 Other liabilities Net income Total liabilities $ 9,500 $f Dividends (82) (150) Stockholders' equity: Common stock Retained earnings $ 325 $ 325 Ending balance u g Balance Sheet 210 130 Other stockholders' equity Assets V Total stockholders' equity Cash 4,453 $ w $h Property, plant, and equipment 1,577 1,366 11,652 Other assets $ Total assets 14,533 $x $ 1,075 Total liabilities and stockholders' equity Cash Flow Statement Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash Liabilities (290) (600) (300) (490) Current liabilities $ 5,630 i Long-term debt 4,650 3,320 1,130 985 (190) y $ z Cash at beginning of year Other liabilities 1,230 Total liabilities $ 9,500 $j Cash at end of year Stockholders' equity: Print Done Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check Answer Summarized versions of Sanchez Corporation's financial statements for two recent years are as follows. Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the letters. If necessary, round numbers up to the nearest whole dollar. (Round the tax calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) TEL come Dividends (82) (150) Ending balance Balance Sheet Assets Cash Property, plant, and equipment 1,577 1,366 Other assets 11,652 14,533 Total assets Liabilities Current liabilities $ 5,630 Long-term debt 4,650 3,320 1,130 985 Other liabilities Total liabilities $ 9,500 Stockholders' equity: Common stock $ 325 $ 325 Retained earnings Other stockholders' equity 210 130 Total stockholders' equity 4,453 Total liabilities and stockholders' equity Cash Flow Statement $ 1,075 Net cash provided by operating activities Net cash used in investing activities Net cash used in financing activities Increase (decrease) in cash (290) (600) (300) (490) (190) Cash at beginning of year 1,230 Cash at end of year Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check Answer % P1-67A (similar to) Question Help Data Table Summarized versions of Sanchez Corporation's financial statements for two recent years are as follows. (Click the icon to view the financial statements.) Requirement 1. Complete Sanchez Corporation's financial statements by determining the missing amounts denoted by the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) 2019 2018 2019 2018 Income Statement Income Statement (in Thousands) Revenues Cost of goods sold (in Thousands) $k $ 14,500 11,090 1,290 1,230 a Revenues 14,500 Other expenses Cost of goods sold Income before income taxes 1,610 11,090 1,290 2,120 742 1,230 Income taxes (35%) 1 Other expenses Income before income taxes $ m 2,120 $b 1,610 Net income 742 Income taxes (35%) Statement of Retained Earnings Net income Beginning balance $n$ 2,770 Statement of Retained Earnings Net income 0 C (82) (150) Dividends declared $ Beginning balance 2,770 $p $ d Net income Ending balance Dividends (82) (150) Balance Sheet Assets Ending balance Balance Sheet Cash $9 1,577 $ e 1,366 Property, plant, and equipment Assets Cash r 11,652 Other assets Property, plant, and equipment $s $ 14,533 1,577 1,366 Total assets Other assets 11,652 Liabilities 14.533 Total assets Current liabilities $t $ 5,630 Long-term debt Liabilities 3,320 4,650 985 1,130 Current liabilities $ 5,630 Other liabilities $ Total liabilities 9,500 Long-term debt $f 4,650 985 3,320 1,130 Stockholders' equity: Other liabilities $ Common stock 325 $ 325 Total liabilities $ 9,500 Datainadannine Stockholders' equity: Print Done Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check