8 Check my work 8 04:16:10 Help 617 Trance entrense The adjusted trial balance for Tybalt Construction as of December 31, 2019 follows 8 TYBALT CONSTRUCTION points Adjusted Trial Balance December 31, 2 Account Title 101 Cash 104 Short-term investments $5,000 126 Supplies 23,500 128 Prepaid insurance 168 Accumulated depreciation Equipment 40,000 $ 20,000 174 Accumulated depreciation Building eBook 2011 Accounts payable 203 Interest payable 208 Rent payable 2,100 10 Waces payable 21) Property taxes payable Print 2,100 244 Current portion of long teresate payable professional for 251 Long-tere notes payable 60.000 References 6,000 315 Retained earnings 125,000 319 Dividends 11,600 401 Professional feas earned 406 Rent 407 Dividends 109 Interest warned cos Depreciation expense-building 12,500 612 Depreciation expense toipent 6,000 623 Wages expense 633 expense 5,800 540 Rent expense 652 Supplies expense Postage 683 Property taxes expense 684 Repairs expense 633 Telephone 690 Utilities expense Totals 233 253 Unearned Davidends earned 98,000 18. 2, 3. 3,100 3,800 2.300 O.Tybalt invested $6.000 cash in the business in exchange for common stock during year 2019. The December 31 2018 credit balance of the Retained Earnings account was $125.000 Required: 1a. Prepare the income statement for the calendar year 2019, 1b. Prepare the statement of retained earnings for the calendar year 2019 10. Prepare the classified balance sheet at December 31, 2019 2. Prepare the necessary closing entries at December 31 2019 Complete this question by entering your answers in the tabs below. Required 1A Required 10 Required IC Required 2 Prepare the income statement for the calendar year 2019. TYBALT CONSTRUCTION Income Statement For Year Ended December 31, 2019 Revenues