Astro Corporation was started with the issue of 4,800 shares of $8 par stock for cash on January 1, 2018. The stock was issued at a market price of $15 per share. During 2018, the company earned $68,400 in cash revenues and paid $45,828 for cash expenses. Also, a $3,800 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. Income Statement Smt chgs in Shlds Egy Balance Sheet Smt of Cash Fls Prepare the income statement. ASTRO CORPORATION Income Statement For the Year Ended December 31, 2018 Astro Corporation was started with the issue of 4,800 shares of $8 par stock for cash on January 1, 2018. The stock was issued at a market price of $15 per share. During 2018, the company earned $68,400 in cash revenues and paid $45,828 for cash expenses. Also, a $3,800 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. Income Statement Smt chgs in Shlds Egy Balance Sheet Smt of Cash Fls Prepare a statement of changes in stockholders. ASTRO CORPORATION Statement of Changes in Stockholders' Equity For the Year Ended December 31, 2018 Beginning common stock Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Astro Corporation was started with the issue of 4,800 shares of $8 par stock for cash on January 1, 2018. The stock was issued at a market price of $15 per share. During 2018, the company earned $68,400 in cash revenues and paid $45,828 for cash expenses. Also, a $3,800 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. Income Statement Smt chgs in Shlds Egy Balance Sheet Smt of Cash Fls Prepare a balance sheet. ASTRO CORPORATION Balance Sheet As of December 31, 2018 Assets Total assets Liabilities Stockholders' equity Total Paid-In Capital Total liabilities and stockholders' equity Astro Corporation was started with the issue of 4,800 shares of $8 par stock for cash on January 1, 2018. The stock was issued at a market price of $15 per share. During 2018, the company earned $68,400 in cash revenues and paid $45,828 for cash expenses. Also, a $3,800 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. Income Statement Smt chgs in Shlds Egy Balance Sheet Smt of Cash Fls Prepare a statement of cash flows. (Negative amounts should be indicated by a minus sign.) ASTRO CORPORATION Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Net cash flow from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash Ending cash balance
