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Astro corporation was started with the issue of 5000 shares of $9 par stock for cash on January 1 year one. the stock was issued

Astro corporation was started with the issue of 5000 shares of $9 par stock for cash on January 1 year one. the stock was issued at a market price of $20 per share during year one the company earned $67,700 in cash revenues and paid $45,359 for cash expenses also a $3900 cash dividend was paid to the stockholders
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Astro Corporation was started with the issue of 5,000 shares of $9 par stock for cash on January 1, Year 1. The stock was issued at a market price of $20 per share. During Year 1, the company earned $67,700 in cash revenues and paid $45,359 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. 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 Stmt of Changes > Astro Corporation was started with the issue of 5,000 shares of $9 par stock for cash on January 1, Year 1. The stock was issued a market price of $20 per share. During Year 1, the company earned $67700 in cash revenues and paid $45,359 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. Income Stmt of Stmt of Cash Statement Changes Balance Sheet Flows Prepare a statement of changes in stockholders' equity. ASTRO CORPORATION Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock 0 Ending common stock Beginning retained earnings 0 Ending retained earnings Total stockholders' equity $ 0 Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash 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 a balance sheet. ASTRO CORPORATION Balance Sheet As of December 31, Year 1 Assets $ 0 Total assets Liabilities Stockholders' equity Total Pald-In Capital $ Total liabilities and stockholders' equity

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