Problem $3-5$A $($Static$)$ Prepare financial statements from an adjusted trial balance when net

income is positive $($LO$3-5)$

Boilermaker Unlimited specializes in building ngw homes and remodeling existing homes. Remodeling projects include adding

game rooms, changing kitchen cabinets and colintertops, and updating bathrooms. Below is the year$-$end adjusted trial

balance of Boilermaker Unlimited.

Required:

Prepare an income statement for the year ended December $31,2024.$

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 $$30,000.$ This amount is included in the amount for Common Stock in the

adjusted trial balance.

Prepare the classified balance sheet for the year ended December $31,2024.$