Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019:

Prepare the following 2019 items in proper form for Carolyn:

1. the income statement

2. the retained earnings statement

3. the ending balance sheet (Hint: The Common Stock, Additional Paid-in Capital, and Retained Earnings accounts are summed to determine the total shareholders equity.)

4. the closing entries in the general journal