4 10 points Skipped Steel Construction Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Steel Construction Unlimited STEEL CONSTRUCTION UNLIMITED Adjusted Trial Balance December 31, 2024 Accounts Cash ellook Accounts Receivable Pes Insurance Investments (long-term) Accounts Payable Salaries Payable Utilities Payable Debits $ 16,608 Credits 24,500 31,500 6,500 431,000 $ 30,500 27,500 4,500 Pr Common on Stock Notes Payable (due in 5 years) 150,000 206,000 Retained Earnings 30,100 Dividends 25,500 Service Revenue-new construction References Service Revenue-remodeling 456,000 265,000 Salaries Expense 155,000 Supplies Expense 280,000 Rent Expense 56,000 Insurance Expense Utilities Expense Interest Expense Service Fee Expense Totals 24,500 41,500 9,000 68,000 $ 1,169,600 $ 1,169,600 Required: 1. Prepare an income statement for the year ended December 31, 2024, 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024, note that during the year the company issued additional common stock for $25,000. This amount is included in the amount for Common Stock in the adjusted trial balance. 3. Prepare the classified balance sheet for the year ended December 31, 2024, Check my work