Astro Corporation was started with the issue of 5,800 shares of $11 par stock for cash on January 1, Year 1. The stock was issued at a market price of $18 per share. During Year 1, the company earned $57,550 in cash revenues and paid $38,559 for cash expenses. Also, a $4,300 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.