(Solved): 1. Prepare an income statement for the year ended December \( 31,2024 . \) 2. Prepare the statemen ...

1. Prepare an income statement for the year ended December \( 31,2024 . \) 2. Prepare the statement of stockholders' equity for the year ended December 31, 2024, note that during the year the company issued additional common stock for \( \$ 26,000 \). This amount is included in the amount for Common Stock in the adjusted trial balance. 3. Prepare the classified balance sheet for the year ended December 31, \( 2024 . \) Village Bullders Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Village Builders Unilimited. Required: 1. Prepare an income statement for the year ended December 31, 2024 . 2. Prepare the statement of stockholders' cauitv for the vear ended December 31, 2024. note that durina the vear the companv issued