Prepare the statement of stockholders' equity for Blue Lagoon Corporation. 1. Prepare the income statement for Blue Lagoon Corporation. 2 Prepare the statement of stockholders' equity for Blue Lagoon Corporation. 3. Prepare the balance sheet for Blue Lagoon Corporation Complete this question by entering your answers in the tabs below: Prepare the incorne statement for Blue Lagoon Corporation. Problem 1-3A (Algo) Prepare financial statements (LO1-3) Blue Lagoon Corporation provides low-cost food delivery services to senior ctizens. At the end of the year on December 31, 2024, the company reports the following amounts In addition, the company had common stock of $23,000 at the beginning of the year and issued an additional $2,300 during the year. The company also had retained earnings of $10,300 at the beginning of the year. Required: 1. Prepare the income statement for Blue Lagoon Corporation. 2. Prepare the statement of stockholders' equity for Blue Lagoon Corporation. 3. Prepare the balance sheet for Blue Lagoon Corporation. Complete this question by entering your answers in the tabs below. Prepare the balance sheet for Blue Lagoon Corporation. Prepare the income statement for Blue Lagoon Corporation