Check my work 2 The following adjusted year-end trial balance at December 31 of Wilson Trucking Company 5 points eBook Account Title 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 Debit Credit $ 5,900 16,500 2,000 153,000 $ 31,518 75,000 9,900 3,000 52,000 5,731 138,500 19,000 144,000 20,329 67,536 13,000 12,384 $384,649 $384,649 Hint Print References The Retained Earnings account balance was $138,500 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Expenses Mc Graw 2 The following adjusted year-end trial balance at December 31 of Wilson Trucking Company 5 points eBook Account Title 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 Debit Credit $ 5,900 16,500 2.000 153,000 $ 31,518 75,000 9,900 3,000 52,000 5,731 138,500 19,000 144,000 20,329 67,536 13,000 12,384 $384,649 $384,649 Hint Print References The Retained Earnings account balance was $138,500 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of retained earnings for the year ended December 31. WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, December 31 prior year Retained earnings, December 31 current year