Exercise 3.6 (Algo) Preparing a trial balance and an income statement. LO 3-5, 3-6 The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash Equipment (a) (d) 172,000 12,000 (b) 28,000 (c) 62,000 (e) 520 (9) 1,200 (h) 9,200 (1) 3,200 Accounts Payable Supplies (c) 62,000 (b) 28,000 (f) Accounts Receivable. 11,600 (g) 1,200 Scott Hamilton, Capital (a) 172,000 Fees Income Telephone Expense (d) (f) 12,000 11,600 (e) 520 Scott Hamilton, Drawing (1) 3,200 (b) Salaries Expense 9,200 Required: Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 20X1, and the income statement is for the month ended December 31, 20X1.