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The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Accounts Debit Credit Cash $20,000 Accounts Receivable 185,000 Prepaid Rent 5,000 Supplies

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The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Accounts Debit Credit Cash $20,000 Accounts Receivable 185,000 Prepaid Rent 5,000 Supplies 37,000 Land 300,000 Accounts Payable $19,000 Salaries Payable 18,000 Interest Payable 5,800 Notes Payable (due in two years) 47,000 Common Stock 335,000 Retained Earnings 74,000 Service Revenue 535,000 Salaries Expense 407,000 Rent Expense 27,000 Utilities Expense 47,000 Interest Expense 5,000 Totals $1,033,000 $1,033,000 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. Complete this question by entering your answers in the tabs below. Income Statement Stmt of Stockholders Balance Sheet Equity

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