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The following is the adjusted trial balance of Wilson Trucking Company Account Title Debit Credit Cash 7,380 Accounts receivable 16,500 Office supplies 2. eee Trucks 185, eee Accumulated depreciation-Trucks $ 38, 110 Land 75, eee Accounts payable 11,3ee Interest payable 3,000 Long-term notes payable 52, eee K. Wilson, Capital 181,846 K. Wilson, Withdrawals 19,00 Trucking fees earned 125,000 Depreciation expense-Trucks 24,581 Salaries expense 58,625 Office supplies expense 12,500 Repairs expense-Trucks 10.750 Totals $ 411,256 $ 411, 256 The K. Wilson, Capital account balance is $181,846 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017. (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of owner's equity for the year ended December 31, 2017 WILSON TRUCKING COMPANY + Statement of Owner's Equity For Year Ended December 31, 2017 K. Wilson, Capital, December 31, 2016 Add: Net Income 0 K. Wilson, Capital, December 31, 2017 $ 0 The following is the adjusted trial balance of Wilson Trucking Company Account Title Debit Credit Cash 7,380 Accounts receivable 16,500 Office supplies 2. eee Trucks 185, eee Accumulated depreciation-Trucks $ 38, 110 Land 75, eee Accounts payable 11,3ee Interest payable 3,000 Long-term notes payable 52, eee K. Wilson, Capital 181,846 K. Wilson, Withdrawals 19,00 Trucking fees earned 125,000 Depreciation expense-Trucks 24,581 Salaries expense 58,625 Office supplies expense 12,500 Repairs expense-Trucks 10.750 Totals $ 411,256 $ 411, 256 The K. Wilson, Capital account balance is $181,846 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017. (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of owner's equity for the year ended December 31, 2017 WILSON TRUCKING COMPANY + Statement of Owner's Equity For Year Ended December 31, 2017 K. Wilson, Capital, December 31, 2016 Add: Net Income 0 K. Wilson, Capital, December 31, 2017 $ 0