Question: use the first picture to answer the 2nd picture Problem 1-5A (Algo) Prepare financial statements (LO1-3) Blue Lagoon Company provides the following information at the

use the first picture to answer the 2nd picture

Problem 1-5A (Algo) Prepare financial statements (LO1-3) Blue Lagoon Company provides the following information at the end of 2024. No common stock is issued during 2024. Required: 1. Prepare the income statement for Blue Lagoon Company on December 31, 2024. 2. Prepare the statement of stockholders' equity for Blue Lagoon Company on December 31, 2024. 3. Prepare the balance sheet for Blue Lagoon Company on December 31, 2024. Complete this question by entering your answers in the tabs below. Prepare the balance sheet for Blue Lagoon Company on December 31, 2024

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