Blue Lagoon Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31, 2024, the company reports the following amounts: Cash Equipment Accounts payable Delivery expense 52 Rent expense tes $1,200 26,000 Service revenue Salaries expense 3,800 Buildings 2,000 Supplies 4,900 Salaries payable $64,700 52,800 34,000 2,800 700 In addition, the company had common stock of $34,000 at the beginning of the year and issued an additional $3,400 during the year. The company also had retained earnings of $17,100 at the beginning of the year. Required: 1. Prepare the income statement for Blue Lagoon Corporation. 2. Prepare the statement of stockholders' equity for Blue Lagoon Corporation. 3. Prepare the balance sheet for Blue Lagoon Corporation. to search Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the income statement for Blue Lagoon Corporation. BLUE LAGOON CORPORATION Income Statement 51) 59F Clear ew Scargill Ox Dashboard ezto.mheducation.com/ext/map/index.html?_con-con&external browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%2 Maps YouTube Apple Music Microsoft Office Ho... Canvas Mail-Andrew Scar... Problem Set 1 3 por OIL VURCHILL VILLLIS WIFE Lugupi 10 points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 02:47:47 eBook Print References Prepare the income statement for Blue Lagoon Corporation, BLUE LAGOON CORPORATION Income Statement For the year ended December 31, 2024 Expenses Mc Graw Hill Type here to search Total expenses Saved www L 53 10 3 points tspn hate the Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 31 02:47:12 eBook Print Prepare the statement of stockholders' equity for Blue Lagoon Corporation. BLUE LAGOON CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2024 References Beginning balance Common Stock Retained Earnings Total Stockholders' Equity Ending balance Andrew Scargill Ox Dashboard C x Assignments: Accounting x Question 3 Problem Set 1 X Problem Set 2-Connect x Protien Ser 2 Co eztomheducation.com/ext/map/index.html?_con-condexternal browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fmber Maps YouTube Apple Music Microsoft Office Ho Canvas Mail Andrew Scar Problem Set 1 10 3 points 02.45.50 ebook Pont Beferences Required 1 Required 2 Required 3 Prepare the balance sheet for Blue Lagoon Corporation. BLUE LAGOON CORPORATION Balance Sheet December 31, 2024 Assets Total liabilities Seved Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets