F%252Fewonnecte Seved 2 The December 31, 2024, adjusted trial balance for the Blueboy Cheese Corporation is presented below 4 points Account Title Cash Accounts receivable Debits $ 30,700 325,000 Credits Prepaid rent 12,500 Inventory 49,000 Office equipment 500,000 Accumulated depreciation $240,000 Accounts payable 70,000 ebook Notes payable (due in six months) Salaries payable 57,000 7,400 H Interest payable 1,900 Common stock 400,000 Print Retained earnings Sales revenue References Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals Required: 145,000 740,000 444,000 111,000 12,500 59,000 3,500 4,800 $1,667,300 $1,667,300 1-a. Prepare an income statement for the year ended December 31, 2024. 1-b. Prepare a classified balance sheet as of December 31, 2024 2. Prepare the necessary closing entries on December 31, 2024 Complete this question by entering your answers in the tabs below..