Cornhusker Company provides the following information at the end of 2024.

Required:
Prepare the income statement, statement of stockholders’ equity, and balance sheet for Cornhusker Company on December 31, 2024. No common stock is issued during 2024.

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Cash remaining Rent expense for the year Land that has been purchased Retained earnings Utility expense for the year Accounts receivable from customers Service revenue recognized during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued prior to 2024 Salaries owed at the end of the year Insurance expense for the year Retained earnings at the beginning of the year $ 4,800 7,000 21,000 12,400 4,900 7,200 37,000 13,300 2,200 3,200 16,000 2,400 3,500 7,300