Question: please help me with this questions. its one question with many parts. make sure to answer all for a up vote and i have 1



Astro Corporation was started with the issue of 5,400 shares of $11 par stock for cash on January 1, Year 1 . The stock was issued at a market price of $18 per share. During Year 1, the company earned $69,800 in cash revenues and paid $46,766 for cash expenses Also, a $3,500 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. Prepare the income statement. Prepare a statement of changes in stockholders' equity. Prepare a balance sheet. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ ASTRO CORPORATION } \\ \multicolumn{1}{|c|}{ Statement of Cash Flows } \\ \hline \multicolumn{1}{|c|}{ For the Year Ended December 31, Year 1} \\ \hline Cash flows from operating activities: & & \\ \hline & & \\ \hline Net cash flow from operating activities & & \\ \hline Cash flows from investing activities: & & \\ \hline & & \\ \hline \end{tabular}
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