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Astro Corporation was started with the issue of 5,300 shares of $12 par stock for cash on January 1, Year 1. The stock was issued at a market price of $15 per share. During Year 1, the company earned $59,750 in cash revenues and paid $40,033 for cash expenses. Also, a $4,000 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 Corporations Year 1 fiscal year.

Astro Corporation was started with the issue of 5,300 share market price of $15 per share. During Year 1 , the company ei Also, a $4,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stock Corporation's Year 1 fiscal year: Complete this question by entering your answers in the Prepare the income statement: Astro Corporation was started with the issue of 5.300 shares of market price of $15 per share. During Year 1 , the company earne Also, a $4,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockholk Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tab Prepare a statement of changes in stockholders' equity. Also, a $4,000 cash dividend was paid to the stockholders. Required Prepare an income statement, statement of changes in stockhoider Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs b Prepare a balance sheet. Iso, a $4,000 cash dividend was paid to the stockholders. required repare an income statement, statement of changes in stockholde Corporation's Year 1 fiscal year. Complete this question by entering your answers in the tabs Prepare a statement of cash flows. (Cash outflows should be indicated)

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