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Astro Corporation was started with the issue of 4,200 shares of $11 par stock for cash on January 1, Year 1 . The stock was

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Astro Corporation was started with the issue of 4,200 shares of $11 par stock for cash on January 1, Year 1 . The stock was issued at a market price of $15 per share. During Year 1 the compony eamed $70,200 in cash revenues and poid $47,034 for cast exponses. Also, a 54,400 cash dividend was paid to the stocktholders. Required Prepore an income statement, statement of changes in stockholders' equity, balonce sheet and statement of cash fows for Astro Corporabon's Year 1 fiscal yeat. Complete this question by entering your answers in the tabs below. Prepare the income statzment. Astro Corporation was started with the issue of 4,200 shares of $11 por stock for cash on Januory 1. Yeor 1 . The stock was issued at a market ptice of $15 per share. During Year 1, the company earned $70,200 in cash revenues and pald $47,034 for cash expenses Also, a $4,400 cash dividend was paid to the sockholders. Requlred Prepare an income statement, stotement of changes in stockholders' equity, balance sheet, and stotement of cash flows for Astro Corporation's Year 1 fiscal year. Complete this question by entering your anewers in the tabs below. Prepare a statement of chonges in stockholders' equlty. Astro Corporation was started with the issue of 4,200 shares of $11 pat stock for cosh on January 1, Year 1 , The stock was issued at a market price of $15 per share. During Year 1, the company eamed $70,200 in cash revenues and pald $47,034 for cash expenses. Also. a $4,400 cash dividend was paid to the stockholdero. Required Prepore on income statement, sthtement of changes in stockholders' equity, bolance sheet, and statement of cesh flows for Astro Corporation's Year 1 fiscal yeac. Complete this question by entering your answers in the tabs below. Prepare a bolance sheet. Astro Corporation was started with the issue of 4,200 shares of $11 par stock for cash on January 1, Year 1 . The stock was issued at a market price of $15 per share. During Year 1, the company earned $70,200 in cash revenues and paid $47,034 for cash expenses. Also, a $4,400 cash dividend was paid to the stockholders: Required Prepare an income statement, statement of changes in stockholders' equlty, balance sheet, and statement of cash flows for Astro Corporation's Year 1 fiscal yeer. Complete this questlon by entering your answers in the tabs below. Prepsre a statement of cash flows. (Cash outflows should be indicated with a minus aign.)

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