Bensen Company began operations when it acquired $25,000 cash from the issue of common stock on January 1, 2018. The cash acquired was immediately used to purchase equipment for $25,000 that had a $3,800 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume all revenue transactions are for cash). At the beginning of the fifth year, the equipment was sold for $4,250 cash. Bensen uses straight-line depreciation. 2018 $7,420 2019 $7,920 2020 $8,120 2021 $6,920 2022 Revenue Required Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years. Present the statements in the form of a vertical statements model. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.) BENSEN COMPANY For the Year Ended December 31 Income Statement 2018 2019 2020 2021 2022 Gain/(Loss) Net income/(loss)