8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. Required information Problem 3-9A (Algo) Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, Includes the following account balances: The following is a summary of the transactions for the year: 1. January 9 2. February 12 3. April 25 4. May 6 5. Joly 15 6. Supteeber 19 7. Oetober 31 8. Novenber 26 9. Decenber 30 Provide storage services for cash, $149,109, and on account, $39,789. collect on accounts roceivable, $53,000. Recelve cash in advance from custoners, $14,400. Purchase supplios on eccount, $12,200. Pay property taxes, $10,000. Pay on accounts payable, $12,900. Pasy salaries, 1138,600. Issue shares of common stock in exchange for 392,000 cash. Pay $4,300 cash dividends to stockholders