Help finishing this up please
The adjusted trial balance of Bradley Irrigation System at December 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the company's income statement for the year ended December 3 Requirement 2. Prepare the company/s statement of ownor's equity for the year ended December 31. 2024 Assume that there were no contributions mado by the omner during the year Enter any increases in capital prioc to the sublotal and any decreases to capital below the sublotat (Exdude any zero-balance events for the period trom the statement of cwners equity) Requirement 3. Prepare the compoiiy s classified balance sheet in report form at December 31, 2024 Requirement 4. Journalize the closing entries for Bradley Irrigation System. (Record debits first, then credits. Start by closing revenues. Close expenses for the period. Close Income Summary. Close withdrawals. Requirement 5. Compute the company's current ratio at December 31, 2024. At December 31, 2023, the current ratio was 1.8. Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places.) Since the current ratio was 1.8 one year ago, Bradley's ability to pay its current liabilities has ta table Requirements 1. Prepare the company's income statement for the year ended December 31, 2024. 2. Prepare the company's statement of owner's equity for the year ended December 31, 2024. (Assume that there were no contributions made by the owner during the year.) 3. Prepare the company's classified balance sheet in report form at December 31, 2024. 4. Journalize the closing entries for Bradley Irrigation System. 5. Compute the company's current ratio at December 31,2024 . At December 31,2023 , the current ratio was 1.8. Did the company's ability to pay debts improve or deteriorate, or did it remain the same