) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31

The following adjusted year-end trial balance at December 31 of Wilson Trucking Company. Cred Debit $ 6,600 16,500 2,000 183,000 $ 37,698 75,000 Account Title Cash Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks Totals 10,600 3,000 52,000 36,157 138,000 19,000 128,000 24, 315 60,032 8,000 11,008 $405,455 $405,455 The Retained Earnings account balance was $138,000 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 IL Ule come statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31. Uue pror year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31 WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Total expenses Required 2 > 19,000 UUU 128,000 Depreciation expense Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals 24,315 60,032 8,000 11,008 $405,455 $405, 455 The Retained Earnings account balance was $138,000 at December 31 of the pyor year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of retained earnings for the year ended December 31. WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, December 31 prior year C OS Retained earnings, December 31 current year