The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Accounts Debit Credit Cash $28,000 Accounts Receivable 230,000 Prepaid Rent 6,000 Supplies 46,000 Land 345,000 Accounts Payable $28,000 Salaries Payable 27,000 Interest Payable 7,000 Notes Payable (due in two years) 56,000 Common Stock 380,000 Retained Earnings 92,000 Service Revenue 580,000 Salaries Expense 416,000 Rent Expense 36,000 Utilities Expense 56,000 Interest Expense 7,000 Totals $1,170,000 $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 cla