Astro Corporation was started with the issue of 4,800 shares of $8 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 $68,600 in cash revenues and paid $45,962 for cash expenses. Also, a $4,400 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.