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Gator Investments provides financial services related to investment selections, retirement planning, and general insurance needs. Al the end of the year on December 31, 2021,
Gator Investments provides financial services related to investment selections, retirement planning, and general insurance needs. Al the end of the year on December 31, 2021, the company reports the following amounts: Advertising expense buildings Salaries expense Accounts payable Cash $ 32,500 Service revenue 145,000 Interest expense 64,400 vtilities expense 5,700 Equipment 4.800 Notes payable $124,100 2,800 14,800 23,500 26,500 0 In addition, the company had common stock of $110,000 at the beginning of the year and issued an additional $10,000 during the year. The company also had retained earnings of $14,300 at the beginning of the year and pold dividends of $4,500 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 Complete this question by entering your answers in the tabs below Bewed Required Required Prepare the income statement for Gator Investments GATOR WIVESTMENTS ins.com Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for Gator Investments. GATOR INVESTMENTS Income Statement For the year ended Dec 31, 2021 Expenses Total expenses Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Gator Investments. GATOR INVESTMENTS Statement of Stockholders' Equity For the year ended Dec 31, 2021 Common Stock Retained Earnings Total Stockholders Equity Beginning balance Ending balance Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the balance sheet for Gator Investments, GATOR INVESTMENTS Balance Sheet Dec 31, 2021 Assets Liabilities Total liabilities Stockholders' Equity Total assets Total stockholders equity Total liabilities and stockholders' equity
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