Mijka Company was started on January 1, Year 1 During Yeart the company experienced the following three accounting events: (1) earned cash revenues of $32,500, (2) paid cash expenses of $14,500, and (3) paid a $2,800 cash dividend to its stockholders. These were the only events that affected the company during Year 1 Required a. Record the effects of each accounting event under the appropriate general ledger account headings b. Prepare an income statement, statement of changes in stockholders' equity, and a balance sheet dated December 31 Year 1 for Mika Company Complete this question by entering your answers in the tabs below. Re B Inc Req B Stmt of Reg B Bal Reg A Stmt Changes Sheet Record the effects of each accounting event under the appropriate general ledger account headings. (Enter any decreases to account balances with a minus sign. Not all cells require input.) MIJKA COMPANY Accounting Equation for Year1 Assets Llabilities Stockholders' Equity Event Common Retained Stock Earnings 1 + + - + 2 3 + + Ending balance KORA Req B Inc Stent> Complete this question by entering your answers in the tabs Req A Req B Inc Stmt Req B Stmt of Req B Bal Changes Sheet Prepare a statement of changes in stockholders' equity dated December 31, Year 1, for Mijka Company, MIJKA COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Plus Common stock issued Ending common stock Beginning retained earnings Ending retained earnings Total stockholders equity Req B Inc Strnt Reg B Bal Sheet > Req A Req B Inc Stmt Req B Stmt of Changes Req B Bal Sheet Prepare a balance sheet dated December 31, Year 1, for Mijka Company. MIJKA COMPANY Balance Sheet As of December 31, Year 1 Assets Total assets Liabilities Stockholders' equity Total stockholders equity Total liabilities and stockholders equity