PETE'S CONSTRUCTION YEAR ENDED DECEMBER 31, 2018 ADJUSTED TRIAL BALANCE STATEMENT OF INCOME STATEMENT OWNER'S EQUITY OR BALANCE SHEET ACCOUNT TITLES DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT $37,000 10 278 1,200 1.000 1.000 1,800 10.000 24,000 $37.000 10.278 1.200 1.000 1.000 1 800 10,000 24.000 $10,000 $10,000 15,000 15000 9.000 9.000 Cash Accounts receivable Interest receivable Office supplies Prepaid insurance Prepaid rent Note receivable Computer equipment Accumulated depreciation, computer equipment Office equipment Accumulated depreciation office equipment Accounts payable Interest payable Wages payable Rent payable Bank loan payable Unearned construction fees Capital - Pete Peters Withdrawals - Pete Peters Construction fees earned Depreciation expense Insurance expense Interest expense Office supplies expense Rent expense Repairs expense Subscriptions expense Telephone expense Wages expense Interest income 20.878 400 1.000 2,000 40.000 8.000 25.000 20.878 400 1,000 2000 40.000 8.000 25.000 2.000 2000 130,000 $130,000 9.000 1.200 4,800 2.886 24.000 2.714 800 1,800 97000 59.000 1.200 4.800 2.886 24000 2,714 800 1.800 97.000 1.200 1.200 $247.478 $247.478 144,200 131,200 103,278 116.278 13,000 13.000 $144,200 $144,200 $116,278 $116,278 REQUIRED: Using the numbers from the above worksheet, prepare an Income Statement for the period ended December 31, 2018 (12 maries)