9 pints eBook Hint Print References Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks Totals Saved $ 5,900 16,500 2,000 185,000 75,000 19,000 24,581 58,625 11,500 10,750- $408,856 $ 38,110 9,900 3,000 52,000 45,846 135,000 125,000 $408,856 The Retained Earnings account balance was $135,000 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. Help Save & Exit Submit Check my work 45

The Retained Earnings account balance was $135,000 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