The December 31, 2024, adjusted trial balance for Ostrich Corporation is presented below. Credit Debit $22,000 190,000 4,000 38,000 305,000 Accounta Caah 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 $20,000 19,000 4,000 48,000 340,000 76,000 540,000 408,000 28,000 48,000 6,000 $1,047,000 $1,047,000 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. 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 0 En teman Stmt of Stockholde Complete this question by entering your answers in the tabs below. Stmt of Income Stockholders Balance Sheet Statement Equity Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming during 2024. OSTRICH CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2024 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Balance at December 31 Prepare a classified balance sheet as of December 31, 2024. OSTRICH CORPORATION Balance Sheet December 31, 2024 Assets Llabilities Current assets: Current liabilities: Total current assets 0 Total current liabilities Long-term liabilities: Total liabilities 0 Long-term assets: Stockholders' Equity 0 Total long-term assets Total assets 0 Total stockholders' equity 0 Total liabilities and stockholders' equity $ $ 0 Stret of stockholders South