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Requirement 2. Prepare the statement of retained eamings for the year ended December 31, 2025. (Enter any increases in retained earnings prior to earnings below the subtotal. Check your spelling carefully and do not abbreviate,) Prosented here are the accounts of Whimsy Company for the year ended December 31, 2025. Read the requirements, Requirement 1. Prepare Whimsy Company's income statement for the year ended December 31, 2025. (Check your spelling carefully and do not abbreviate. Wi names provided in the problem statement) Accounts ot enter a label or a Requirement 3. Prepare the balance sheet as of December 31, 2025. (If an input field is not used in the table leave the field emply, do not enter a label or a zero, Che do not abbreviate. When applicable, use oniv the account names nrnviriar in the nrahlam efafamant