Shell Investments provides financial services related to investment selections, retirement planning, and general insurance needs. P 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 4,500 Utilities expense Equipment 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 during the yea Required: 1. Prepare the income statement for Shell Investments. 2. Prepare the statement of stockholders' equity for Shell Investments. 3. Prepare the balance sheet for Shell Investments. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for Shell Investments. SHELL INVESTMENTS Income Statement For the year ended December 31, 2024 Expenses: Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Shell Investments. Note: Enter amounts to be deducted with a minus sign. SHELL INVESTMENTS Statement of Stockholders' Equity For the year ended December 31, 2024 Beginning balance Ending balance Common Stock Retained Earnings Total Stockholders' Equity Required 1 Required 2 Required 3 Prepare the balance sheet for Shell Investments. SHELL INVESTMENTS Balance Sheet December 31, 2024 Assets Total liabilities Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets < Required 2 Required 3 >