Presented here are the accounts of Beautiful You Salon for the year ended December $31,2024.$Land $$8,000$ Common Stock $$28,000$

Notes Payable $30,000$ Accounts Payable $13,000$

Property Tax Expense $3,000$ Accounts Receivable $1,100$

Dividends $33,000$ Advertising Expense $12,000$

Rent Expense $7,000$ Building $165,100$

Salaries Expense $66,000$ Cash $3,200$

Salaries Payable $1,800$ Equipment $21,000$

Service Revenue $215,000$ Insurance Expense $1,900$

Office Supplies $11,000$ Interest Expense $6,500$

Retained Earnings, Dec. $31,202351,000$ Prepare Beautiful You Salon's income statement for the year ended December $31,2024.$

$2.$

Prepare the statement of retained earnings for the year ended December $31,2024.$

$3.$

Prepare the balance sheet as of December $31,2024.$