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Prepare a statement of changes in stockholders' equity. Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on

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Prepare a statement of changes in stockholders' equity. Astro Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, Year 1 . The stock was issued at a market price of $12 per share. During Year 1, the company earned $31,000 in cash revenues and paid $17,100 for cash expenses. Also. a $2,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Astro Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare the income statement. Prepare a balance sheet. ASTRO CORPORATION Statement of Cash Flows For the Year Ended December 31, Year 1 \begin{tabular}{|l|l|} \hline Cash flows from operating activities: \\ \hline \\ \hline Net cash flow from operating activities \\ \hline \\ \hline \end{tabular}

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