3 The following adjusted year-end trial balance at December 31 of Wilson Trucking Company. Account Title Cash Accounts receivable. nts Office supplies Trucks Accumulated depreciation-Trucks Land eBook Accounts payable Interest payable Hint Long-term notes payable Common stock Print Retained earnings Dividends oferences Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit $ 7,700 Credit 16,500 2,000 179,000 $ 36,874 75,000 11,700 3,000 52,000 42,290 135,500 19,000 116,000 23,784 54,404 10,000 9,976 $397,364 $397,364 The Retained Earnings account balance was $135,500 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. 121 Dronare the etatamant of retained earninne for the wear ended December 31 es Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Expenses Total expenses 13 Required 1 Required 2 > ok nces Required 1 Required 2 Prepare the statement of retained earnings for the year ended December 31. WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, December 31 prior year Retained earnings, December 31 current year < Required 1 Required 2 >