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I need help please The adjusted trial balance for Tybalt Construction as of December 31, 2018, follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2018

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The adjusted trial balance for Tybalt Construction as of December 31, 2018, follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2018 No. Debit Credit Account Title 101 Cash $ 7,500 24,000 8,000 8,700 60,000 104 Short-term investments 126 Supplies 128 Prepaid insurance 167 Equipment s 30,000 173 Building 174 Accumulated depreciation-Building 183 Land 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 233 Uneamed professional fees 251 Long-term notes payable 307 Common stock 318 Retained earnings, December 31, 2017 319 Dividends 401 Professional fees earned 406 Rent earned 407 Dividends earned 409 Interest eamed 165,000 55,000 55,100 15,500 2,900 3,800 2,200 1,000 7,900 68,500 7,500 121,800 11,800 102,000 18,000 2,100 2,300 606 Depreciation expense-Building 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 12,100 9,000 27,500 3,800 9,300 12,300 5,600 2,800 3,800 7,900 2,700 3,600 640 Rent expense 652 Supplies expense 682 Postage expense 683 Property taxes expense 684 Repairs expense 688 Telephone expense 690 Utilities expense Totals $440,500 $440,500 2017, credit balance of the Retained Earnings account was $121,800. Tybalt The December 31, Construction is required to make a $6,500 payment on its long-term notes payable during 2019. Required 1a. Prepare the income statement for the calendar-year 2018. 1b. Prepare the statement of retained earnings for the calendar-year 2018

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