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Astro Corporation was started with the issue of 4,800 shares of $10 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 4,800 shares of $10 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 $70,750 in cash revenues and paid $47,403 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 Year 1 fiscal yeat. Complete this question by entering your answers in the tabs below. Prepare the income statement. Astro Corporation was started with the issue of 4,800 shares of $10 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 $70,750 in cash revenues and paid $47,403 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 Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a statement of changes in stockholders' equity. Astro Corporation was started with the issue of 4,800 shares of $10 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 $70,750 in cash revenues and pald $47,403 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 Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a balance sheet. Prepare a statement of cash flows. (Cash outflows should be indicated with a minus sign.)

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