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Gator 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: In addition, the company had common stock of
$100,000 at the beginning of the year and issued an additional $11,000 during the year. The
company also had retaineyf earnings of $30,300 at the beginning of the year and paid dividends
of $5,200. Required: 1. Prepare the income statement for Gator Investments. 2. Prepare the
statement of stockholders' equity for Gator Investments. 3. Prepare the balance sheet for Gator
Investments.

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  • 1. Gator 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: In addition, the company had common stock of $100,000 at the beginning of the year and issued an additional $11,000 during the year. The company also had retaineyf earnings of $30,300 at the beginning of the year and paid dividends of $5,200. Required: 1. Prepare the income statement for Gator Investments. 2. Prepare the statement of stockholders' equity for Gator Investments. 3. Prepare the balance sheet for Gator Investments.