6 014 points Problem 1-3A (Algo) Prepare financial statements (LO1-3) Blue Lagoon Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31, 2024, the company reports the following amounts 02:13:38 Cash flock P Epipment Accounts payable Delivery expense $1,300 Service revenue 27,500 3,500 Supplies 5,200 Salaries payable 566,200 55,100 $7,000 700 In addition, the company had common stock of $37000 at the beginning of the year and issued an additional $3.700 during the yeat The company also had retained earnings of $17700 at the beginning of the year Required: 1. Prepare the income statement for flue 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.