(Solution) - The following summary information was reported by Lucus Rock the -(2025 Original AI-Free Solution)

Paper Details

The following summary information was reported by Lucus Rock, the sole proprietor of
Lucus Rock Company, for the year ending December 31, 2011, Amounts are in thousands (i.e., assets = $18,200,000).

Required:
Prepare the four basic financial statements for 2011:
a. Income statement.
b. Statement of owner's equity.
c. Balance sheet.
d. Statement of cash flows.