please solve problem a2) thank you!

(a1) Your answer is correct. Prepare an income statement for the year ending December 31, 2025. (Enter loss using cither a negative sign preceding the number eg. -45 or parentheses eg. (45) KINGBIRD DESIGN Income Statement For the Year Ended December 31, 2025 Revenues Servlce Revenue Expenses $62700 Salarles and Wages Expense $ 12500 Insurance Expense 1110 Interest Expense 506 Depreclation Expense 7200 Supplles Expense 3400 Rent Expense 4000 Totel Expenses Net Income / (Loss) eTextbook and Media List of Accounts Attempts: 1 of 3 used (a2) Prepare a retained earnings statement for the year ending December 31, 2025. KINGBIRD DESIGN Statement of Retained Eamings Kingbird Design was founded by Thomas Grant in January 2016. Presented below is the adjusted trial balance as of December 31. 2025. Kingbird Design Adjusted Trial Balance December 31, 2025 Debit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense $12,200 22,700 6,200 3,700 61,200 12,500 1,110 506 7,200 3.400 4,000 $134,716 $134,716