Exercise 3.6 (Static) Preparing a trial balance and an Income statement. LO 3-5, 3-6 The following Taccounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Equipment 40,000 (a) (d) (c) Accounts Receivable 5, eee (8) (+) 1,500 Cash 95,00 15,880 (e) 1.580 (h) (1) Accounts Payable (C) 23,00 350 5,500 2,500 Scott Hamilton, Capital 48,eee (b) Supplies 23,800 95,689 Fees Income Telephone Expense 35e (d) Scott Hamilton, Drawing (1) 2. See 15,000 5,600 (e) Salaries Expense 5,500 (h) 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