6 The adjusted trial balance for Tybalt Construction on December 31 of the current year follows TYBALT CONSTRUCTION Adjusted Trial Balance December 31 , oints Number Account Title Debit Credit 101 Cash $ 8,000 03:06:45 126 Supplies 32,900 128 Prepaid insurance 7,500 167 Equipment 55,000 168 Accumulated depreciation-Equipment $ 27,500 173 Building 168,000 174 Accumulated depreciation-Building 56,000 eBook 183 Land 48,230 201 Accounts payable 15,000 203 Interest payable 2,300 208 Rent payable 3,700 Print 210 Wages payable 2,400 213 Property taxes payable 1,000 236 Unearned revenue 14,800 251 Long-term notes payable 62,000 307 Common stock 8,000 318 Retained earnings 123,400 319 Dividends 12,100 403 Services revenue 100,000 406 Rent revenue 15,500 409 Interest revenue 4,900 606 Depreciation expense-Building 12,320 612 Depreciation expense-Equipment 8,250 623 Wages expense 51,000 633 Interest expense 4,000 637 Insurance expense 7,100 640 Rent expense 13,100 652 Supplies expense 5,100 683 Property taxes expense Totals 3,900 $ 436,500 $ 436,500 The Retained Earnings account balance was $123,400 on December 31 of the prior year. Required: 1a. Prepare the income statement for the current year ended December 31. 1b. Prepare the statement of retained earnings for the current year ended December 31. 1c. Prepare the classified balance sheet at December 31 of the current year. 2. Prepare the necessary closing entries at December 31 of the current year. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C Required 2