es Check my v Shell Investments provides financial services related to investment selections, retirement planning, and...

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es Check my v Shell Investments 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 $33,100 Service revenue 146,000 Interest expense 64,700 6,000 5,100 Utilities expense Equipment Notes payable $125,600 3,100 15,100 25,000 28,000 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 $27,300 at the beginning of the year and paid dividends of $4,800. 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 income statement for Shell Investments. SHELL INVESTMENTS Income Statement For the Year Ended December 31, 2024 Expenses: Total expenses < Required 1 Re Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Shell Investments. SHELL INVESTMENTS Statement of Stockholders' Equity For the Year Ended December 31, 2024 Beginning balance Ending balance Common Stock Retained Total Stockholders' Earnings Equity Required 1 Required 2 Required 3 Prepare the balance sheet for Shell Investments. SHELL INVESTMENTS Balance Sheet December 31, 2024 Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets < Required 2 Required 3 es Check my v Shell Investments 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 $33,100 Service revenue 146,000 Interest expense 64,700 6,000 5,100 Utilities expense Equipment Notes payable $125,600 3,100 15,100 25,000 28,000 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 $27,300 at the beginning of the year and paid dividends of $4,800. 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 income statement for Shell Investments. SHELL INVESTMENTS Income Statement For the Year Ended December 31, 2024 Expenses: Total expenses < Required 1 Re Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Shell Investments. SHELL INVESTMENTS Statement of Stockholders' Equity For the Year Ended December 31, 2024 Beginning balance Ending balance Common Stock Retained Total Stockholders' Earnings Equity Required 1 Required 2 Required 3 Prepare the balance sheet for Shell Investments. SHELL INVESTMENTS Balance Sheet December 31, 2024 Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets < Required 2 Required 3