Bensen Company started business by acquiring $25,200 cash from the issue of common stock on January 1 , Year 1 . The cash acquired was immediately used to purchase equipment for $25,200 that had a $3,200 salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream (assume that all revenue transactions are for cash). At the beginning of the fifth year, the equipment was sold for $3,740 cash. Bensen uses straight-line depreciation. 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. Complete this question by entering your answers in the tabs below. BENSEN COMPANY Statement of Cash Flows For the Year Ended December 31