The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Credit Debit $30,000 245,000 7,000 49,000 360,000 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: 419,000 39,000 59,000 5,000 $1,213,000 $31,000 30,000 5,000 59,000 395,000 98,000 595,000 $1,213,000 Stmt of Income Statement Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2024. 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. Complete this question by entering your answers in the tabs below. S Income Statement Prepare an income statement for the year ended December 31, 2024. Stmt of Stockholders Balance Sheet Equity Service Revenue Expenses: BADGER CORPORATION Income Statement For the Year Ended December 31, 2024 Salaries Expense Rent Expense Accumulated Depreciation Interest Expense Total expenses $ 595,000 0 Income Statement Stmt of Stockholders Balance Sheet Equity Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no during 2024. Balance at January 1 Balance at December 31 BADGER CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2024 Common Stock Retained Earnings Total Stockholders' Equity Current assets: Total current assets Long-term assets: Total long-term assets Total assets Assets $ BADGER CORPORATION Balance Sheet December 31, 2024 0 Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Liabilities Stockholders' Equity 0 Total stockholders' equity 0 Total liabilities and stockholders' equity $ 0 0 0 0