The December 31, 2024, adjusted trial balance for Coyote Corporation is presented below. Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Accounts Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals Debit $18,000 180,000 6,000 36,000 295,000 406,000 26,000 46,000 5,000 $1,018,000 Credit $18,000 17,000 5,000 46,000 330,000 72,000 530,000 k $1,018,000 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 issue during 2024. 3. Prepare a classified balance sheet as of December 31, 2024.

The December 31, 2024, adjusted trial balance for Coyote 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 issue during 2024. 3. Prepare a classified balance sheet as of December 31, 2024