Berser Company started business by acquiring $24.600 cash from the issue of common stock on January 1 Yeart. The cash acquired was imediately used to purchase equipment for $24.600 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 that all revenue transactions are for cash. At the beginning of the finh year the equipment was sold for $4,200 cash Benten uses straight-line depreciation Teri Revue 51.930 18,130 $6.990 30 Required Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years Complete the question by entering your answers in the tabs below. Stof Tv Changes in Balance Sheet Statement shelders Cash Flows Preper income statements for each of the five years BENSEN COMPANY Incoment For the Year Ended December 31 Yea Yed Years ol 0 OL $ Simt of Changes in holder > MacBook P Bensen Company started business by acquiring $24,600 cash from the issue of common stock on January 1 Year 1. The cash acquired was immediately used to purchase equipment for $24,600 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 that all revenue transactions are for cash. At the beginning of the fifth year, the equipment was sold for $4,200 cash. Bensen uses straight-line depreciation Year 1 17.490 Year 3 Year Years 38,190 56.990 Revenge $ 1,990 Required Prepare Income statements, statements of changes in stockholders' equilty, balance sheets, and statements of cash flows for each of the five years Complete this question by entering your answers in the tabs below. Income Story of Statement Charles Balance Sheet Statement of Stahlst Cash Flows Prepare the statements of changes in stockholders' equity for each of the five years. BENSEN COMPANY tamente Changes in Stockholders' Equity For the Year Ended December Yeart Year 2 Year 4 Yews 0 0 Nation 0 os 5 0 0 Income Statement Balance Sheet > Bensen Company started business by acquiring $24,600 cash from the issue of common stock on January 1 Year 1. The cash acquired was immediately used to purchase equipment for $24.600 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 that all revenue transactions are for cash. At the beginning of the fifth year, the equipment was sold for $4,200 cash. Benson uses straight-line depreciation Yhar 17,450 Teart $ 7,990 YEREO $ 3.190 Year 3 6.990 Year 5 #0 Devet Required Prepare Income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years. Complete this question by entering your answers in the tabe below. Income csende stance free Statement of Statement Stkholders Prepare the balance sheets for each of the five years. Amounts to be deducted should be indicated by a minus sign) BENBEN COMPANY Balance Sheet Yeart Year 2 Year Year Years Ae os ols os 0 $ Stockholders Tolstockholders o 5 ols OS os Bensen Company started business by acquiring 524,500 cash from the issue of common stock on January 1 Yeart. The cash acquired was immediately used to purchase equipment for $24.600 that had a $3,800 salvage value and an expected useful ife 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 tinh yea, the equipment was sold for $4,200 cash. Benson uses straight-line depreciation Ter3 TE Year 17, $7.990 11 36.990 50 Required Prepare income statements, statements of changes in stockholders' equity, balance sheets, and statements of cash flows for each of the five years - Complete this question by entering your answers in the tabe below. Income Sumo Samen Statement of Changes in Balance Sheet beste Cash Prepare the statements of cash nows for each of the five years BESEN COMPANY Statement of Cash Flow Yet Year 2 Year Year 4 Tears Natch fow from being the Nachning av Nel chew branding Ending 0 1 $ 0 (Balance Sheet MacBook Pro