(Solved): Exercise 3-16 (Algo) Prepare financial statements from an adjusted trial balance (LO3-5) The Decemb ...

Exercise 3-16 (Algo) Prepare financial statements from an adjusted trial balance (LO3-5) The December 31,2024 . adjusted trial balance for Badger Corporation is presented below. 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 \( 31,2024 . \) Complete this question by entering your answers in the tabs below. Prepare an income statement for the year ended December 31, 2024 , Complete this question by entering your answers in the tabs below. Prepare an income statement for the year ended December \( 31,2024 . \) Prepare a statement of stockholders' equity for the year ended December 31,2024 , assuming no common stock was issued during 2024 .