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Suppose Pigeon Sporting Goods Company reported the following data at July 31, 2018, with amounts in thousands: (Click the icon to view the data.) Use these dala lo prepare Pigeon Sporting Goods Company's single-step income statement for the year erided July 31, 2018, salerntent of relained earnings for the year ended July 31, 2018, and classified balance sheelal July 31, 2018. Use the report format for the balance sheel. Use the given data to prepare Pigeon Sporting Goods Company's income statement for the year enced July 31, 2018. (If a box is not used in the Income statement leave the box empty, do not select a label or enter a zero. Enter amounts in thousanda as provided in the problem statemer Pigeon Sporting Goods Company Income Statement BX Data Table Year Ended July 31, 2018 Thousands $ Net revenues Cusl of goods sold 174.000 137.400 $ Al other exoenses 27.000 Retained semings July 31, 2017 ... Accounts receivable Nel revenues Total current abilities ..... Al other expenses ........ Other current assets ....... Other assets ........ 137,400 26,500 19,700 23,000 39,000 23,300 $ 9,600 31,600 Cusl of goods sold ....... 24,400 Cash 174,000 Property and equipment, net 54,700 Common stock 27,000 Inventories 4,500 Long-term liabilities 24,100 Dividends ........... Net income Use the given dala to prepare Pigeon Sporting Goods Company's statement of retained earnings for the year ended July 31, 2018. (Enter amounts in thousands as , ( Pigeon Sporting Goods Company Statement of Retained Earnings Year Ended July 31, 2018 0 Thousands Print Dane Retained eamings, July 31, 2018 Add: Nel income Retained earnings, July 21, 2018

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