1. Netflix, Inc. issues bonds worth $45,000,000.
2. Netflix, Inc. buys film rights for $10,000,000 on credit.
3. Netflix, Inc. sells subscriptions for $15,000,000 in cash.
4. Netflix, Inc. pays $3,500,000 for content creation.
5. Netflix, Inc. pays $2,500,000 in wages.
6. Netflix, Inc. receives $1,500,000 in cash for services rendered.
7. Netflix, Inc. buys servers for $4,000,000 cash.
8. Netflix, Inc. incurs $700,000 in bandwidth expenses.
9. Netflix, Inc. declares and pays dividends of $2,000,000.
10. Netflix, Inc. records $800,000 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.