Suppose Tree City Sporting Goods Company reported the following data at July 31, 2016, with amounts in thousands:

Use these data to prepare Tree City Sporting Goods Company's single-step income statement for the year ended July 31, 2016; statement of retained earnings for the year ended July 31, 2016; and classified balance sheet at July 31, 2016. Use the report format for the balance sheet. Draw arrows linking the three statements.

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Retained earnings, July 31, 2015 Net revenues. 184,500 Property and equipment, net Total current liabilities.. All other expenses... Other current assets 36,900 Cost of goods sol.d.$136,200 43,100 17,400 30,800 37,000 5,400 Long-term liabilities ...12,000 60,000 Common stock.. 28,000 Inventories..