1. Boeing Company issues preferred stock worth $100,000,000.
2. Boeing Company purchases aircraft parts on credit for $30,000,000.
3. Boeing Company sells aircraft for $150,000,000 in cash.
4. Boeing Company pays $25,000,000 for research and development.
5. Boeing Company pays $20,000,000 in wages.
6. Boeing Company receives $10,000,000 in cash for maintenance services.
7. Boeing Company buys manufacturing equipment for $40,000,000 cash.
8. Boeing Company incurs $8,000,000 in advertising expenses.
9. Boeing Company declares and pays dividends of $12,000,000.
10. Boeing Company records $7,000,000 in depreciation expense.

1. Record those transactions in a journal.
2. Prepare a trial balance.
3. Prepare an income statement for the year ended.
4. Prepare a balance sheet for the year ended.