Business, 14.07.2020 01:01 geg05

Gator Investments provides financial services related to investment selections, retirement planning, and general insurance needs. At the end of the year on December 31, 2021, the company reports the following amounts: Advertising expense $31,700 Service revenue $118,600
Buildings 132,000 Interest expense 1,700
Salaries expense 63,300 Utilities expense 13,700
Accounts payable 4,600 Equipment 18,000
Cash 3,700 Notes payable 21,000
In addition, the company had common stock of dollar 100.000 at the beginning of the year and issued an additional dollar 12,000 during the year. The company also had retained earnings of dollar 27,300 at the beginning of the year and paid dividends of dollar 5,000.
Required:
1. Prepare the income statement for Gator Investments.
2. Prepare the statement of stockholders' equity for Gator Investments.
3. Prepare the balance sheet for Gator Investments.

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