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ALL PARTS Astro. Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1 Year 1 The stock
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Astro. Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1 Year 1 The stock was issued at a market price of \$12 per share. During Year 1, the company earned $31,000 in cash revenues and paid $1700 for cash exper: a $2,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockhoiders' equity, bolance sheot and statemeri of cash fown for Astro Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare the income statement
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