Horne Companv owns the following plant. propertv, and equipment as of Januarv 1. 2023: Record all necessary entries related to the following transactions that occurred for Horne Company in 2023. July 1 - Sold the equipment for $200,000. September 1 - Borrowed $100,000 from 9/10 Bank on a 9 month, 9% note. Interest is payable at maturity. December 1 - Received $3,000 in cash from another company that is renting office space in Horne's building. The payment represents rent for December, January, and February. NOTE: This income is peripheral to the operations of Horne Company. December 31 - Record necessary adjusting entries. View transaction list View journal entry worksheet Comprehensive Problem 1 - Part 2 The December 31, 2023, adjusted trial balance for Horne Company before posting any transactions from Part 1 is presented below. Required: 1-a. Taking into account the entries recorded in Part 1, prepare a multi-step income statement for the year ended December 31,2023. 1-b. 1-a. Taking into account the entries recorded in Part 1, prepare a classified balance sheet as of December 31,2023. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year ended December 31, 2024