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Suppose Vulture Sporting Goods Company reported th

Suppose Vulture Sporting Goods Company reported th

Suppose Vulture Sporting Goods Company reported the following data at March 31, 2010, with amounts in thousands: Use these data to prepare Vulture Sporting Goods Company’s income statement for the year ended March 31, 2010; statement of retained earnings for the year ended March 31, 2010; and classified balance sheet at March 31, 2010. Use the report format for the balance sheet. Draw arrows linking the threestatements.

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