2) Prepare the statement of retained earnings for the year ended December 31. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the year ended December 31. pare the closing entries for the yeat ended December 31 . The Retained Earnings account balance was $147,500 at December 31 of prior year. Journal entry worksheet Prepare the entry to close the revenue account(s). Woler Eniter debits before oredits. Complete this question by enteringyour answers in the tabs below. Prepare the income statement for the year ended December 31. Required information [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wilson Trucking Company. The Retained Earnings account balance was $147,500 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31 . (2) Prepare the statement of retained earnings for the year ended December 31. Prepare Wilson Trucking Company's classified balance sheet as of December 31 . The Retained Earnings account balance was $147,500 at December 31 of the prior year