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0 Required information [The following information applies to the questions displayed below.) Milea Inc. experienced the following events in Year 1, its first year
0 Required information [The following information applies to the questions displayed below.) Milea Inc. experienced the following events in Year 1, its first year of operations: 1. Received $14,500 cash from the issue of common stock. 2. Performed services on account for $45,000. 3. Paid the utility expense of $1,050. 4. Collected $30,020 of the accounts receivable. 5. Recorded $7,200 of accrued salaries at the end of the year. 6. Paid a $750 cash dividend to the stockholders. b. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for the Year 1 accounting period. Complete this question by entering your answers in the tabs below. Req 81 Req 82 Req 83 Req B4 Prepare the statement of cash flows for the Year 1 accounting period. (Enter cash outflows with a minus sign.) MILEA INC.
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