Midwest Financial Consulting 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: Advertising expense Buildings Salaries expense Accounts payable $32,500 140,000 Service revenue Interest expense 64,100 5,400 Utilities expense Equipment 4,500 Notes payable $122,600 2,500 14,500 22,000 25,000 Cash In addition, the company had common stock of $100,000 at the beginning of the year and issued an additional $10,000 during the year. The company also had retained earnings of $21,300 at the beginning of the year and paid dividends of $4,200. Required: 1. Prepare the income statement for Midwest Financial Consulting. 2. Prepare the statement of stockholders' equity for Midwest Financial Consulting 3. Prepare the balance sheet for Midwest Financial Consulting Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 31 Prepare the income statement for Midwest Financial Consulting. MIDWEST FINANCIAL CONSULTING Income Statement For the Year Ended December 31, 2024 Expenses Total expenses Required 2 >