Required informntion Problem 8-20A (Algo) Effect of business structure on financial statements LO 81 77ie fallowing information applies to we questions displayed bedow) thitritiytions of $6,000. Requited Prepara a Year t income statement, copitai statement (statement of changes li equity. balince sheet, and stadement of cesh flows inder each of the followerig assumptions. (Consteler each assimption separately) Problom 8-20A (Algo) Part c c. Cascade is acorporation, it ischied 9,000 shares af $11 pat common stock for $154,000 cash to stait the bustness. Complete this question by entering your answers in the tabs below. Prepare a statement of changes in stockholders' equity for Year 1 . (Deductions thould be nidcated by a mirels signt) 6. Cascade is a corperation. It issued 9,000 shares of $11 pat common stock for $154.000 cash to start the business, Complete this question by entering your answers in the tabs below. Prepare a statement of changes in stockholders' equity for Year 1. (Deductions shouk bo indicated ty a minus sign.) Prepare a balance sheet for Year 1. repare a statement of cash (lows for year 1. (Cash outf lows should be indicated with a mainus sian.)