2. Accounting
3. required information the following information applies to the questions displayed...

# Question: required information the following information applies to the questions displayed...

###### Question details

Required information [The following information applies to the questions displayed below.]

Fitbit, Inc., reported the following information for the nine-month period ended October 1, 2016. Items are in thousands of dollars.

Accounts Payable $521,000 Accounts Receivable 462,900 Advertising Expense 81,400 Cash (January 1, 2016) 666,000 Cash (October 1, 2016) 688,260 Common Stock 838,700 Equipment 257,000 Office Expenses 115,500 Income Tax Expense 19,900 Interest Expense 4,200 Inventories 216,600 Notes Payable 55,300 Operating Expenses 264,700 Retained Earnings (January 1, 2016) 261,900 Sales Revenue 521,560 Supplies 88,000 Other cash flow information: Cash received from issuing common stock$ 39,560

Cash paid to purchase equipment 68,400

Cash paid to suppliers and employees 490,300