Advertising expense 33,000 Servce revenue$125,100 145,000 Interest expense 64,600 Ublities expense 5,900 Equipment 5,000 Notes payable Buildings Salaries expense Accounts payable Cash 3,000 15,000 24,500 27,500 In addition, the company had common stock of $110,000 at the beginning of the year and issued an additional $12,000 during the year. The company also had retained earnings of $14,300 at the beginning of the year and paid dividends of $4,700. Required: 1. Prepare the income statement for Gator Investments 2. Prepare the statement of stockholders equity for Gator Investments. Common Retained balance 3. Prepare the balance sheet for Gator Investments Assets Liabilities Stockholders Total liabilities and Total assets