Copy forme IV. D C 1 2 BUm " - 2 0 Char- 11 al Prepare an income statement for 2018 Donald Duck and Friends Income Statement For the Year Ended December 31, 2018 Directions Complete the financial statements below based on the formation provided from transaction Background Information a) Donald Duck and Friends started when they 1.000 shares of Spare stock only1.2018 by The stock issued at a market price of $13 per share c) During the year, Donald Duck and Friends had een of St.000 d) Donald Duck and ends paid cash for $1.000 inexpenses e) Donald Duck and Friends paid a cash Dividend of $25.000 21b Prepare a year end bulance Shee Donald Duck and Friends Balance Sheet As of December 31, 2018 26 Assets 29 Total Assets 30 Liabilities 32 Total Liabilities 33 Stockholders Equity Common Stock Paldin Capital in Excess of Pa 36 Total Paid Capital 37 Retained Earnings Hint: This is from Transaction . .. Problem s O Type here to search