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.

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..