Accounts Requirement Prepare the following financial statements for Picture Perfect Photography: a. Income statement for the year ended December 31, 2025. b. Statement of retained earnings for the year ended December 31, 2025. c. Balance sheet as of December 31, 2025 . Picture Perfect Photography works weddings and parties. The balance of retained earnings was $20,000 at December 31, 2024. At December 31, 2025, the business' accounting records show these balances: Re rement. a. nc