Astro Corporation was started with the issue of 5,300 shares of $11 par stock for cash on January 1, 2018. The stock was issued at a market price of $16 per share. During 2018, the company earned $66,650 in cash revenues and paid $44,656 for cash expenses. Also, a $4,800 cash dividend was paid to the stockholders.

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 Cash $ 101,994 $ 101,994 $ 0 Total assets Liabilities Stockholders' equity Common stock Paid-in capital in excess of par Retained earnings Total Paid-In Capital $ 58,300 58,300 Total liabilities and stockholders' equity $ 58,300 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: $ 0 Net cash flow from operating activities Cash flows from investing activities $ 0 Net cash flow from investing activities Cash flows from financing activities 0 Net cash flow from financing activities Net change in cash 0 Ending cash balance $ 0