Gator Investments provides financial services related to investment selections, retirement planning, and general insurance needs. At the end of the year on December 31, 2024, the company reports the following amounts:

In addition, the company had common stock of $100,000 at the beginning of the year and issued an additional $11,000 during the year. The company also had retained earnings of $30,300 at the beginning of the year and paid dividends of $5,200.

Required:
Prepare the income statement, statement of stockholders’ equity, and balance sheet for Gator Investments.

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Advertising expense Buildings Salaries expense Accounts payable Cash $ 33,500 150,000 65,100 6,400 5,500 Service revenue Interest expense Utilities expense Equipment Notes payable $127,600 3,500 15,500 27,000 30,000