Presented here are the accounts of Golden City Barbershop for the year ended December 31, 2024. (Click the icon to view the accounts.) Read the requirements. Requirement 1. Prepare Golden City's Barbershop's income statement for the year ended December 31, 2024. Requirement 2. Prepare the statement of retained earnings for the year ended December 31,2024. Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, Dec. 31, 2023 Net income for the year Dividends Retained Earnings, Dec. 31, 2024 \begin{tabular}{rr} $57,000 \\ 59,200 \\ \hline 116,200 \\ \hline(34,000) \\ \hline$82,200 \\ \hline \hline \end{tabular} Requirement 3. Prepare the balance sheet as of December 31, 2024. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Data table Requirements 1. Prepare Golden City's Barbershop'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