Astro Corporation was started with the Issue of 4,600 shares of $11 par stock for cash...

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Astro Corporation was started with the Issue of 4,600 shares of $11 par stock for cash on January 1, Year 1. The stock was Issued at a market price of $18 per share. During Year 1, the company earned $60,650 in cash revenues and paid $40,636 for cash expenses. Also, a $4,900 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 Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Changes Balance Sheet Stmt of Cash Flows Prepare the income statement. ASTRO CORPORATION Income Statement For the Year Ended December 31, Year 1 $ 0 Income Statement Stmt of Changes > Astro Corporation was started with the Issue of 4,600 shares of $11 par stock for cash on January 1, Year 1. The stock was Issued at a market price of $18 per share. During Year 1, the company earned $60,650 in cash revenues and paid $40,636 for cash expenses. Also, a $4,900 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 Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Changes Balance Sheet Stmt of Cash Flows Prepare the income statement. ASTRO CORPORATION Income Statement For the Year Ended December 31, Year 1 $ 0 Income Statement Stmt of Changes >