Tronix Corporation was started with the issue of 2,000 shares of $5 par stock for cash on January 1, 2013. The stock was issued at a market price of $13 per share. During 2013, the company earned $29,000 in cash revenues and paid $19,000 for cash expenses. Also a $1,500 cash dividend was paid to the stockholders.
Required:
Prepare an income statement, statement of changes in stockholder's equity, balance sheet, and statement of cash flows for Tronix Corporations 2013 fiscal year.