Problem 1-5B (Algo) Prepare financial statements (LO1-3) Guwara Corporation provides the following information at the end of 2024. Salaries payable to workers at the end of the year Advertising expense for the year Building that has been purchased Supplies at the end of the year Retained earnings Note payable to the bank Utilities expense for the year: Service revenue performed during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued, including $4,000 that was issued this year Cash remaining Interest expense for the year Accounts receivable from customers Retained earnings at the beginning of the year Required: $1,300 8,400 60,000 2,600 32,000 4,000 15,000 59,400 24,700 5,700 (2) 23,000 3,200 1,100 11,200 19,800 1. Prepare the income statement for the year ended December 31, 2024. 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024. 3. Prepare the balance sheet for the year ended December 31, 2024. Complete this question by entering your answers in the tabs below.