(Solved): Blue Lagoon Corporation provides low-cost food dellvery services to senior citizens. At the end of ...

Blue Lagoon Corporation provides low-cost food dellvery services to senior citizens. At the end of the year on December 31,2024 , the company reports the following amounts: In addition, the company had common stock of \( \$ 34,000 \) at the beginning of the year and issued an additional \( \$ 3,400 \) during the year. The company also had retained earnings of \( \$ 17100 \) at the beginning of the year. Required: 1. Prepare the income statement for Blue Lagoon Corporation. 2. Prepare the statement of stockholders' equity for Blue Lagoon Corporation. 3. Prepare the balance sheet for Blue Lagoon Corporation. Complete this question by entering your answers in the tabs below. Prepare the income statement for blue tagoon Corporation. Complete this question by entering your answers in the tabs below. Prepare the income statement for Blue Lagoon Corporation. Complete this question by entering your answers in the tabs below. Nuanara the statement of stockholders' equity for Blue Lagoon Corporation. Prepare the balance sheet for Blue Lagoon Corporation.