the first few pictures are from the previous question before.

Prepare a statement of changes in stockholders' equity for Year 1. Note: Deductions should be indicated by a minus sign. Prepare a statement of cash flows for Year 1. Note: Cash outflows should be Indicated with a minus sign. Propare a statment of cash flows for Year t. Prepare a income statement for Year 1. Prepare a balance sheet for Year 1 . Prepar a capital statement for Year 1 . Note: Deductions should be indicated by a minus sign. b. Cascade is a partnership with two partners, Carl Cascade and Beth Cascade. Carl Cascade invested $24,000 and Beth Cascade invested $36,000 of the $60,000 cash that was used to start the business. Beth was expected to assume the vast majority of the responsibility for operating the business. The partncrship agreement called for Beth to recelve 60 percent of the profits and Cart to get the remaining 40 percent. With regord to the $4,000 distribution, Beth withdrew $2,400 from the business and Carl withdrew $1,600. c. Cascade is a corporation. It issued 5,000 shares of $5 par common stock for $60,000 cash to start the business. Complete this question by entering your answers in the tabs below. Prepare a income statement for Year 1. CASCADE COMPANY Balan Sheet As of December 31, Year 1 Assets Total Assets $ 0 Liabilities Stockholders' equity \begin{tabular}{|l} \hline \\ \hline Total paid-in capital \\ \hline \end{tabular} Total liabilities and Stockholders' equity $ 0 Statement of Changes Statement of Cash Flows Prepare a statement of changes in stockholders' equity for Year 1. Note: Deductions should be indicated by a minus sign. Prepare a statement of cash flows for Year 1. Note: Cash outflows should be Indicated with a minus sign. Propare a statment of cash flows for Year t. Prepare a income statement for Year 1. Prepare a balance sheet for Year 1 . Prepar a capital statement for Year 1 . Note: Deductions should be indicated by a minus sign. b. Cascade is a partnership with two partners, Carl Cascade and Beth Cascade. Carl Cascade invested $24,000 and Beth Cascade invested $36,000 of the $60,000 cash that was used to start the business. Beth was expected to assume the vast majority of the responsibility for operating the business. The partncrship agreement called for Beth to recelve 60 percent of the profits and Cart to get the remaining 40 percent. With regord to the $4,000 distribution, Beth withdrew $2,400 from the business and Carl withdrew $1,600. c. Cascade is a corporation. It issued 5,000 shares of $5 par common stock for $60,000 cash to start the business. Complete this question by entering your answers in the tabs below. Prepare a income statement for Year 1. CASCADE COMPANY Balan Sheet As of December 31, Year 1 Assets Total Assets $ 0 Liabilities Stockholders' equity \begin{tabular}{|l} \hline \\ \hline Total paid-in capital \\ \hline \end{tabular} Total liabilities and Stockholders' equity $ 0 Statement of Changes Statement of Cash Flows