Case Study Chapter 1 ACG2021 Use the following information to prepare an Income Statement, a Statement of Stockholders' Equity, and a Balance Sheet. Lake City Hometown Dcor has the following account balances as of March 31, $10,000, Beginning Retained Earnings balance of 9,800, and at the end of the 2024. At the beginning of the year (01/01/2024), they had Common Stock of quarter, Hometown paid Dividends of $3000. Prepare an Income Statement, a Statement of Stockholders' Equity, and a Balance Sheet for the quarter ending 03/31/2024. Accounts Payable $500 Accounts Receivable $3500 Rent Expense $3000 Insurance Expense $400 Interest Expense $100 Service Revenue $15,000 Salaries Payable $850 Office Supplies $1200 Salaries Expense $3800 Utilities Expense $1350 Cash $19,800 Your financial statements should look very similar to those in the textbook. It is easier to do these in Excel. If you do not have Excel on your computer, you can get with the IT Help desk, and they can help you download it-although I believe you must be on campus. Make sure your statements are labeled properly. I cannot emphasize this enough- LOOK AT THE EXAMPLES IN YOUR TEXTBOOK. 100 Points