The adjusted trial balance for Hampton Advertising Services is presented below: (Click on the icon to view the adjusted trial balance.) Read the requirements. Requirement 1. Prepare the income statement for the year ending December 31, 2024. (Use a minus sign or parentheses to show a net loss. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Data Table Account Title Debit Credit Cash $ 13,600 Hampton Advertising Services Income Statement Year Ended December 31, 2024 Revenues: Service Revenue Expenses: Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Accounts Receivable 16,100 Office Supplies 6.900 Land 18,000 50,500 S 36,500 17,800 Building Accumulated Depreciation Building Furniture Accumulated Depreciation Furniture Accounts Payable Salaries Payable 12,900 Total Liabilities Owner Equity 9,700 Net Income (Loss) 7,400 Unearned Revenue 18,000 60,900 Coby, Capital Coby, Withdrawals 18,800 Requirements Service Revenue 48,100 25,000 1. 2. 9,700 Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Prepare the income statement for the year ending December 31, 2024. Prepare the statement of owner's equity for the year ending December 31, 2024. Assume that there were no contributions made by the owner during the year. Prepare the classified balance sheet as of December 31, 2024. Use the report form. 2,100 3. 1,000 14,000 Advertising Expense Check Answer $ 193,500 $ Total 193,500