all one question

income statement, statement of change in stockholders equity, balance sheet, statement of change of cash flow

Bensen Company started business by acquiring $25,400 cash from the issue of common stock on January 1, Year 1. The cash acquired was immediately used to purchase equipment for $25,400 that had a $4,600 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume that all revenue transactions are for cash) At the beginning of the fifth year, the equipment was sold for $5.090 cash. Bensen uses straight-line depreciation Year 1 Year 2 Year 3 Year 4 Year 5 Revenue $ 7,650 $8,160 $8,360 $ 7,160 $ Required Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years. Present the statements in the form of a vertical statements model Complete this question by entering your answers in the tabs below. Income Stmt of Statement of Statement Changes in Balance Sheet Stkholders to Cash Flows Prepare income statements for each of the five years. Present the statements in the form of a vertical statements model BENSEN COMPANY Income Statement For the Year Ended December 31 Year 1 Year 2 Year 3 Year 4 Years 0 0 0 0 0 Gain (LOS) Net Income (los) $ 0 $ 0 $ 0$ 0 $ 0 Complete this question by entering your answers in the tabs below. Stmt of Income Statement Changes in Balance Sheet Statement of Stkholders Eg Cash Flows Prepare the statements of changes in stockholders' equity for each of the five years. Present the statements in the form of a vertical statements model. BENSEN COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31 Year 1 Year 2 Year 3 Year 4 Year 5 0 0 0 0 0 Net income (loss) 0 0 0 0 0 0 $ Total stockholders' equity 0 $ 0 $ 0 0 $ Complete this question by entering your answers in the tabs below. Income Stmt of Statement Changes in Balance Sheet Statement of Stkholders Eq Cash Flows Prepare the balance sheets for each of the five years. Present the statements in the form of a vertical statements model. (Amoun be deducted should be indicated by a minus sign.) BENSEN COMPANY Balance Sheet Year 1 Year 2 Year 3 Year 4 Year 5 Assets $ 0 $ 0 $ Total assets Stockholders' Equity 0 $ 0 $ 0 Total stockholders' equity $ $ 0 $ 0 $ 0 $ 0 Stmt of Changes in Stkholders Eq Statement of Cash Flows > Complete this question by entering your answers in the tabs below. Income Stmt of Changes in Balance Sheet Statement of Statement Stkholders Eq Cash Flows Prepare the statements of cash flows for each of the five years. Present the statements in the form of a vertical statements model. (Amounts to be deducted should be indicated by a minus sign.) BENSEN COMPANY Statement of Cash Flows Year 1 Year 2 Year 3 Year 4 Yoar 5 Operating activities: 0 0 0 0 0 Net cash flow from operating activities Investing activities 0 0 0 Net cash investing activities Financing activities 0 0 0 0 Net cash flow from financing activities Not change cash 0 0 0 0 0 0 Ending cash balance $ 0 $ 0 $ $ 0 $ 0 Bensen Company started business by acquiring $25,400 cash from the issue of common stock on January 1, Year 1. The cash acquired was immediately used to purchase equipment for $25,400 that had a $4,600 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume that all revenue transactions are for cash) At the beginning of the fifth year, the equipment was sold for $5.090 cash. Bensen uses straight-line depreciation. Year 1 Year 2 Year 3 Year 4 Year 5 Revenue $ 7,660 $ 8,168 $8,360 $ 7.160 $ Required Prepare income statements, statements of changes in Lockholders' equity, balance sheets, and statements of cash flows for each of the five years. Present the statements in the form of a vertical statements model Complete this question by entering your answers in the tabs below. Stmt of Income Statement of Statement Changes in Balance Sheet Cash Flows Stkholders Eq Prepare the statements of cash flows for each of the five years. Present the statements in the form of a vertical statements model. (Amounts to be deducted should be indicated by a minus sign.)