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Astro Corporation was started with the issue of 4,800 shares of $10 par stock for...

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Accounting

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Astro Corporation was started with the issue of 4,800 shares of $10 par stock for cash on January 1, 2018. The stock was issued at a market price of $19 per share. During 2018, the company earned $64,200 in cash revenues and paid $43,014 for cash expenses. Also, a $4,300 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 2018 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Smt chgs in Shids Egy Balance Sheet Smt of Cash Fils Prepare the income statement. ASTRO CORPORATION Income Statement For the Year Ended December 31, 2018

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