The adjusted trial balance of Bertrand Irrigation System at December 31, 2024 follows: Requirement 2. Prepare the company's statement of retained earnings for the year ended December 31, 2024. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. Requirement 3. Prepare the company's classified balance sheet in report form at December 31, 2024. Requirement 4. Journalize the closing entries for Bertrand Irrigation System. Requirement 5. Compute the company's current ratio at December 31, 2024 . At December 31, 2023 the current ratio was 1.5. Did the company's ability to pay debts improve or deteriorate, or did it remain the same