The December 31, 2024, adjusted trial balance for Coyote Corporation is presented below. Credit Debit $22,000 195,000 5,000 39,000 310,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnin Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals $21,000 20,000 6,000 49,000 345,000 78,000 545,000 409,000 29,000 49,000 6,000 $1,064,000 $1,064,000 Required: 1. Prepare an income statement for the year ended December 31, 2024. 2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued during 2024. 3. Prepare a classified balance sheet as of December 31, 2024. Income Statement Stmt of Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2024. COYOTE CORPORATION Income Statement For the Year Ended December 31, 2024 Expenses: Total expenses COYOTE CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2024 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Balance at December 31 Prepare a classified balance sheet as of December 31, 2024. COYOTE CORPORATION Balance Sheet December 31, 2024 Assets Liabilities Current assets: Current liabilities: Total current assets Total current liabilities Long-term liabilities: Total liabilities Long-term assets: Stockholders' Equity Total long-term assets Total assets Total stockholders' equity Total liabilities and stockholders' equity