Mystic Masters, Inc., provides fortune-telling services over the Internet. In recent years the company has experlenced severe financlal difficulty. Its accountant prepares adjusting entrles on a monthly basis, and closing entrles on an annual basis, at December 31 . An adjusted trlal balance dated December 31 , current year, follows. (Hint: The company Incurred no income taxes expense in the current year.) Required: a.1. Prepare an Income statement for the year ended December 31, current year. a.2. Prepare a statement of retained earnings for the year ended December 31, current year. a.3. Prepare the company's balance sheet dated December 31, current year. b. Prepare the necessary year-end closing entrles. c. Prepare an after-closing trlal balance. d. Using the financlal statements prepared in part a, brlefly evaluate the company's performance. e. Identify information that the company is apt to disclose in the notes that accompany the financlal statements prepared in part a