Requirement 1. Prepare Hometown Decor Company's income statement for the year ended December 31, 2024. Net Income Requirement 2. Prepare the statement of owner's equity for the year ended December 31, 2024. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. Requirement 2. Prepare the statement of owner's equity for the year ended December 31, 2024. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. Hunt, Capital, January 1, 2024 Hunt, Capital, December 31, 2024 Requirement 3. Prepare the balance sheet as of December 31 2071 Requirement 3. Prepare the balance sheet as of December 31, 2024 Assets Liabilities Owner's Equity Data table - $ 13,000 28,000 14,000 33,000 2,800 800 Land Notes Payable Property Tax Expense Hunt, Withdrawals Rent Expense Salaries Expense Salaries Payable Service Revenue Office Supplies Hunt, Capital, Dec. 31, 2023 36,000 14,000 67,000 1,300 225.000 8,000 56,000 Owner contribution, 2024 Accounts Payable Accounts Receivable Advertising Expense Building Cash Equipment Insurance Expense Interest Expense 17,000 170,405 2,800 17,000 1,700 6,800 Print Done