P2-3 Financial statements The following amounts were taken from the accounting records of Padget Home Services, Inc, As of December 31, 2017. Padget Home Services began its operations on January 1, 2017 Cash Common stock Dividends Fees earned Interest expense Land Miscellaneous experise Notes payable Rerit expense Salaries expense Taxas expense Utilities expense $ 60,000 75,000 15,000 620,000 4.800 215,000 10,200 80,000 70,000 272,000 43.000 85,000 Instructions 1 Prepare an income statement for the year ending December 31, 2017. 2. Prepare a statement of stockholders equity for the year ending December 31, 2013 3. Prepare a balance sheet of December 31, 2017 1. Prepare a statement of cash lows for the year ending December 31, 20Y7