Schell Corporation provides the following information at the end of 2024.

Salaries payable to workers at the end of the year $2,900

Advertising expense for the year 10,000

Building that has been purchased 76,000

Supplies at the end of the year 4,200

Retained earnings 39,600

Utilities expense for the year 5,600

Note payable to the bank 23,000

Service revenue performed during the year 67,400

Salary expense for the year 26,300

Accounts payable to suppliers 7,300

Dividends paid to shareholders during the year (?)

Common stock that has been issued, including $5,000 that was issued this year 25,000

Cash remaining 4,800

Interest expense for the year 1,900

Accounts receivable from customers 12,800

Retained earnings at the beginning of the year 26,600

Required:

Prepare the income statement for the year ended December 31, 2024.

Prepare the statement of stockholders equity for the year ended December 31, 2024.

Prepare the balance sheet for the year ended December 31, 2024.