The December 31, 2024, adjusted trial balance for Ostrich Corporation is presented below. Cash Accounts 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 Required: Debit $32,000 Credit 250,000 6,000 50,000 365,000 $32,000 31,000 7,000 60,000 400,000 100,000 600,000 420,000 40,000 60,000 7,000 $1,230,000 $1,230,000 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. Stmt of Income Statement Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2024. OSTRICH CORPORATION Income Statement For the Year Ended December 31, 2024 Expenses Total expenses < Income Statement stmt of stockholders Equity >