Debit Credit Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable $ 185,700 51,500 18,600 170,000 16,500 166,000 $ 100,000 140,000 21,000 87,000 93,000 Interest payable 55,000 Salaries payable 19,000 Unearned revenue 30,000 Long-term notes payable 156,000 Common stock 34,580 Retained earnings 311,220 Dividends 48,000 Services revenue 474,000 Interest revenue 34,000 Depreciation expense-Automobiles 25,000 Depreciation expense-Equipment 20,000 Salaries expense 189,000 Wages expense Interest expense Advertising expense 47,000 34,600 Office supplies expense Repairs expense-Automobiles Totals Required: 34,000 63,500 31,400 $ 1,327,800 $ 1,327,800 Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31; (b) the statement of retained earnings for the year ended December 31 [Note: Retained Earnings at December 31 of the prior year was $311,220.]; and (c) the balance sheet as of December 31.