The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Debit $28,000 230,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals 6,000 46,000 345,000 416,000 36,000 56,000 7,000 $1,170,000 Credit $28,000 27,000 7,000 56,000 380,000 92,000 580,000 $1,170,000 Required: 1. Prepare an income statement for the year ended December 31, 2024: 2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued during 2024. 3. Prepare a classified balance sheet as of December 31, 2024.

The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Required: 1. Prepare an income statement for the year ended December 31,2024. 2. Prepare a statement of stockholders' equity for the year ended December 31,2024 , assuming no common stock was issued during 2024. 3. Prepare a classified balance sheet as of December 31,2024