Assignment Instructions

Miller's provides financial services related to investment selections, retirement planning, and general insurance needs. For the current year, the company reports the following amounts:

$\backslash$table$[[$Advertising Expense,,$$31,200,$Service Revenue$],[$Buildings$,,108,000,$Interest Expense$],[$Salaries Expense,,$67,800,$Utilities Expense$],[$Accounts Payable,$6,500,,],[$Cash$,6,300,$Equipment,$]]$

In addition, the company had common stock of $$60,000$ at the beginning of the year and issued an additional $$15,000$ during the year. The company also had retained earnings of $$20,000$ at the beginning of the year and paid dividends of $$3,500.$

Required:

Prepare the income statement, statement of stockholders' equity, and balance sheet for Miller's for the year ended December $31.$