please help with part c

use the information in the adjusted trial balance to prepare (a) the income statement fir the year ended december 31;(b) the staement of retained earning for the year ended december 31 [note: retained earnings at december 31 of the prior year was $248,220] and (c) the balance sheet as of december 31.

a)

b)

c)

The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 162,300 52,500 21,000 171,500 16,500 172,000 136,000 $ 85,000 22,000 84,000 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 103,000 45,000 19,000 36,000 152,000 27,580 248,220 534,000 36,000 46,000 27,000 18,000 187,000 46,000 35, 400 36,000 64,000 32,600 $1,307,800 $1,307,800 CHIARA COMPANY Income Statement For Year Ended December 31 Revenues Fees earned $ 534,000 Interest earned 36,000 Total revenues $ 570,000 Expenses Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Office supplies expense Advertising expense Repairs expense-Automobiles Interest expense 27,000 18,000 187,000 46,000 36,000 64,000 32,600 35,400 Total expenses Net income 446,000 124,000 $ CHIARA COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec.31 prior year end Add: Net income 124,000 124,000 46,000 78,000 Less: Dividends Retained earnings, Dec. 31 current year end $ CHIARA COMPANY Balance Sheet December 31 Assets $ Cash Accounts receivable Interest receivable Office supplies 162,300 52,500 21,000 16,500 $ 252,300 Liabilities Equity $