The adjusted trial balance of Bradey Irrigation System at December 31, 2024, follows: (Click the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the company's income statement for the year ended December 31, 2024. (If a box is not used in the statement, leave the box empty; do not select a label or enter a zero. Use a minus sign or parentheses to show a net loss.) Bradey Irrigation System Income Statement Year Ended December 31, 2024 Net Income (Loss) Bradey Irrigation System Adjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash $ 15,800 Accounts Receivable 44,500 Office Supplies 20,300 Prepaid Insurance 5,800 Building 60,000 Accumulated Depreciation-Building $ 24,700 Equipment 24,000 Accumulated Depreciation-Equipment 7,000 Accounts Payable Interest Payable Salaries Payable Unearned Revenue 41,900 1,500 2,700 1,900 Notes Payable (long-term) 32,100 Bradey, Capital Bradey, Withdrawals Service Revenue 20,000 2,500 65,000 Insurance Expense 1,200 Salaries Expense 15,900 Supplies Expense 1,300 Interest Expense 1,500 Depreciation Expense-Equipment 2,300 1,700 Depreciation Expense-Building $ 196,800 $ 196,800 Total