1 Required information The following information applies to the questions displayed below) Cascade Company was started on January 1, Year 1 when e acquired $169.000 cash from the owners. During Year 1, the company earned cash revenues of $84300 and incurred cash expenses of $68300 The company also paid cash distributions of $9,500 Required Prepare a Year 1 income statement, capital statement (statement of changes in equity) balance sheet, and statement of cash flows under each of the following assumptions (Consider each assumption separately) c. Cascade is a corporation. It issued 1000 shares of $11 par common stock for $169.000 cash to start the business Complete this question by entering your answers in the tabs below. Bal Sheet Cash flows Changes Prapark a income statement for Year 1. CASCADE COMPANY Income Statement For the Tear Ended December 31, Year 1 Set of Changes > Print Required information [The following information applies to the questions displayed below.] Cascade Company was started on January 1, Year 1, when it acquired $ company earned cash revenues of $84,100 and incurred cash expense distributions of $9,500. Required Prepare a Year 1 income statement, capital statement (statement of cha cash flows under each of the following assumptions. (Consider each as c. Cascade is a corporation. It issued 11,000 shares of $11 par common stock Complete this question by entering your answers in the tabs below. Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a statement of changes in stockholders' equity for Year 1. (Deductions CASCADE COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Total stockholders' equity 0 Prepare a Year 1 income statement, capital statement (statement of changes cash flows under each of the following assumptions. (Consider each assumpt c. Cascade is a corporation. It issued 11,000 shares of $11 par common stock for $16 Complete this question by entering your answers in the tabs below. Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a balance sheet for Year 1. CASCADE COMPANY Balance Sheet As of December 31, Year 1 Assets Total Assets Liabilities Stockholders' equity Total paid-in capital Total liabilities and Stockholders' equity $ 0 S 0 0 S < Stmt of Changes Cash Flows Prepare a Year 1 income statement, capital statement (statement of chang cash flows under each of the following assumptions. (Consider each assu c. Cascade is a corporation. It issued 11,000 shares of $11 par common stock for Complete this question by entering your answers in the tabs below. Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a statement of cash flows for Year 1. (Cash outflows should be indicated. CASCADE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: Net cash flow from financing activities Net change in cash Ending cash balance 0 $ 0 0 0 0 0 0 $ 0 < Bal Sheet Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a income statement for Year 1. CASCADE COMPANY Income Statement For the Year Ended December 31, Year 1 EA $ 0 Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a statement of changes in stockholders' equity for Year 1. (Deduc CASCADE COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 0 0 Total stockholders' equity < Inc Stmt FA $ 0 0 Bal Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a balance sheet for Year 1. CASCADE COMPANY Balance Sheet As of December 31, Year 1 Assets Total Assets Liabilities Stockholders' equity Total paid-in capital Total liabilities and Stockholders' equity 0 0 $ 0 0 $ 19 0 $ 0 < Stmt of Changes Cash Flows Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a statement of cash flows for Year 1. (Cash outflows should be indicated w CASCADE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities: Net cash flow from financing activities Net change in cash Ending cash balance 0 $ 0 0 $ 0 < Bal Sheet Required information [The following information applies to the questions displayed below] Cascade Company was started on January 1, Year 1, when it acquired $169,000 cash from the owners. During Year 1, the company earned cash revenues of $84,100 and incurred cash expenses of $68,100. The company also paid cash distributions of $9,500. Required Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately) c. Cascade is a corporation. It issued 11,000 shares of $11 par common stock for $169,000 cash to start the business. Complete this question by entering your answers in the tabs below. Inc Stmt Stmt of Changes Bal Sheet Cash Flows Prepare a statement of cash flows for Year 1. (Cash outflows should be indicated with a minus sign.) CASCADE COMPANY Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities