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Astro Corporation was started with the issue of 4,500 shares of $12 par stock for cash on January 1, Year 1. The stock was issued

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Astro Corporation was started with the issue of 4,500 shares of $12 par stock for cash on January 1, Year 1. The stock was issued at a market price of $16 per share. During Year 1, the company earned $68,750 in cash revenues and paid $46,063 for cash expenses. Also, a $3,200 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 Year 1 fiscal year. Answer is not complett. Complete this question by entering your answers in the tabs below. Prepare the income statement. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astrc Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a statement of changes in stockholders' equity. Required Prepare an income statement, statement of changes in stockhoiders' equity, balance sheet, and statement of cash flows for Astro Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a balance sheet. Complete this question by entering your answers in the tabs below. Prepare a statement of cash flows. (Cash outflows should be indicated with a minus sign.)

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