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Astro Corporation was started with the issue of 4,500 shares of $9 par stock for cash on January 1, 2018. The stock was issued at
Astro Corporation was started with the issue of 4,500 shares of $9 par stock for cash on January 1, 2018. The stock was issued at a market price of $18 per share. During 2018, the company earned $64,050 in cash revenues and paid $42,914 for cash expenses. Also, a $3,900 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astro Corporation's 2018 fiscal year. Complete this question by entering your answers in the tabs below. ncome Smt chgsin Balance SheetFls Smt of Cash Income Balance Sheet StatementShlds Eqy Prepare the income statement ASTRO CORPORATION Income Statement For the Year Ended December 31, 2018 Income Statement Smt chgs in Shlds Eqy
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