chapter 8 #2 need help with balance sheet for this problem please!!

Exercise 8-4A (Algo) Effect of accounting events on the financial statements of a corporation LO 8-1,8-- Astro Corporation was started with the issue of 5,600 shares of $10 par stock for cash on January 1. Year 1. The stock was issued at a market price of $19 per share. During Year 1, the company earned $56,100 in cash revenues and pald $37,587 for cash expenses. Also a $4,400 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. Income Statement Stmt of Changes Balance Sheet Stmt of Cash Flows Prepare a balance sheet. ASTRO CORPORATION Balance Sheet As of December 31, Year 1 Assets Cash $ 56,000 $ 56,000 Total assets Liabilities Stockholders' equity Common stock Paid in capital in excess of par 0 Total Paid-in Capital Retained eamings Total liabilities and stockholders' equity $ 0