k The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Debit $30,000 245,000 7,000 49,000 360,000 Accounts Cash Accounts Receivable. Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals 419,000 39,000 59,000 5,000 $1,213,000 Credit $31,000 30,000 5,000 59,000 395,000 98,000 595,000 $1,213,000 Required: 1. Prepare an income statement for the year ended December 31, 2024. 2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued during 2024. 3. Prepare a classified balance sheet as of December 31, 2024.

Prepare a statement of stockholders' equity for the year ended December 31,2024 , assuming no common stock was issued during 2024 . Prepare an income statement for the year ended December 31, 2024. The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Required: 1. Prepare an income statement for the year ended December 31,2024 2. Prepare a statement of stockholders' equity for the year ended December 31,2024 , assuming no common stock was issued during 2024 3. Prepare a classified balance sheet as of December 31,2024. 3 Homework Part 2 (i) Help