DAILY DRIVER, INCORPORATED Unadjusted Trial Balance At December 31 CashSuppliesAccountName$1,750200DebitThisequalsthebankbalance.OnlywindshieldwasherfluidthatcostCreditNotes Prepaid Insurance 1,950 This amount was paid January 2 for car insurance from January 1 through December 31 of this year. Equipment 70,000 This is the car's purchase price. Accumulated Depreciation $4,200 The car will be two years old at the end Salaries and Wages of December. Payable 0. DDI has not yet paid or recorded $1,100 IncomeTaxPayableCommonStock040,800DDIpaidallitstaxesfromtastyearDDIissued8,000sharesat$5each. of salary for December. Retained Earnings 6,180 This is the total accumulated earnings Service Revenue 37,570 Alt revenue is received in cash when the Sataries and Wages 11,800 DDI's onty employee receives a satary of Expense $1,100 for December. Supplies Expense 250 This is the cost of windshield washer Depreciation Expense the car's benefits are being used up Insurance Expense about $4,200 per year. No car insurance has been paid for next Fuel Expense 2,000 All fuel is paid for in cash. Incone Tax Expense DDI's tax rate is 208 of income before Totals $87,950$87,950 tax. Prepare a statement of retained earnings for the year ended December 31