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The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 146,300 52,500 19,600 171,000 16,500 173,000 $ 65,000 142,000 20,000 76,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) office supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Retained earnings Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense-Automobiles Totals 96,000 20,000 19,000 36,000 150,000 28,580 257,220 46,000 554,000 38,000 28,000 21,000 189,000 45,000 34,000 34,000 61,500 28,400 $1,283,800 $1,283,800 Required: 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 $257,220); and (c) the balance sheet as of December 31. Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare the income statement for the year ended December 31. CHIARA COMPANY Income Statement For Year Ended December 31 $ 0 BR