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Bozeman Corporation was started with the issue of 4,200 shares of $9 par common stock for cash on January 1, 2014. The stock was issued
Bozeman Corporation was started with the issue of 4,200 shares of $9 par common stock for cash on January 1, 2014. The stock was issued at a market price of $15 per share. During 2014, the company earned $58,250 in cash revenues and paid $39,028 for cash expenses. Also a $3,300 cash dividend was paid to the stockholders. Required Prepare an income statement for Bozeman Corporation's 2014 fiscal year. BOZEMAN CORPORATION Income statement For the Year Ended December 31, 2014
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