Boilermaker 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 Boilermaker Unlimited.

BOILERMAKER UNLIMITED Adjusted Trial Balance December 31, 2015
Accounts	Debits			Credits
Cash	$	16,000
Accounts Receivable		25,000
Supplies		32,000
Prepaid Insurance		7,000
Equipment		625,000
Accumulated Depreciation				$	200,000
Accounts Payable					31,000
Salaries Payable					28,000
Utilities Payable					5,000
Notes Payable (due in 5 years)					150,000
Common Stock					200,000
Retained Earnings					31,000
Dividends		26,000
Service Revenuenew construction					450,000
Service Revenueremodeling					280,000
Salaries Expense		160,000
Supplies Expense		285,000
Depreciation Expense		50,000
Insurance Expense		25,000
Utilities Expense		42,000
Interest Expense		9,000
Service Fee Expense		73,000
Totals	$	1,375,000		$	1,375,000

Required:

1.	Prepare an income statement for the year ended December 31, 2015.

2.	Prepare the statement of stockholders equity for the year ended December 31, 2015, note that during the year the company issued additional common stock for $30,000. 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, 2015. (Amounts to be deducted should be indicated by a minus sign.)