The adjusted trial balance for Boston Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the income statement for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Boston Advertising Services Income Statement Year Ended December 31, 2024 Net Income (Loss) Requirement 2. Prepare the statement of retained earnings for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss.) Boston Advertising Services Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 Retained Earnings, December 31, 2024