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Astro Corporation was started with the issue of 4 , 1 0 0 shares of $ 9 par stock for cash on January 1 ,

Astro Corporation was started with the issue of 4,100 shares of $9 par stock for cash on January 1, Year 1. The stock was issued at a market price of $20 per share. During Year 1, the company earned $64,400 in cash revenues and paid $43,148 for cash expenses. Also, a $4,900 cash dividend was paid to the stockholders.
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Prepare an income statement, statement of changes in stockholders equity, balance sheet, and statement of cash flows for Astro Corporations Year 1 fiscal year.

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