2.14 11 points QS 3-19 (Algo) Preparing financial statements LO P5 The adjusted trial balance for Happ Company follows. Adjusted Trial Balance December 31 Account Title Number eBook 101 Cash 106 Hint 153 Trucks 154 Print 183 Land References 201 209 233 307 318 319 Accounts receivable Accumulated depreciation-Trucks Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends 401 Plumbing revenue 611 Depreciation expense-Trucks 622 Salaries expense 640 Rent expense Totals Debit Credit $ 9,200 40,204 40,500 $ 16,281 30,000 21,436 4,904 4,304 17,000 53,495 14,889 60,000 5,427 28,080 9,120 $ 177,420 $ 177,420 a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of retained earnings. The Retained earnings account balance was $53,495 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet.