Exercise 4-10 (Algo) Preparing an income statement \& statement of owner's equity LO C1 The K. Wilson, Capital account balance was $182,000 at December 31 of the prior year, and there were no owner investments during the year. (1) Prepare the income statement for the year ended December 31 . (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the vear ended December 31 . Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below] The following adjusted trial balance at December 31 of Wison Trucking Company Exercise 4-10 (Algo) Preparing an income statement \& statement of owner's equity LO C1 The K. Wilson, Capital account balance was $182,000 at December 31 of the prior year, and there were no owrier investmen the year (1) Prepare the income statement for the year ended December 31 (2) Prepare the statement of owner's equity for the year ended December 31 Prepare the income statement for the year ended December 31