Required Information

$[$The following information applies to the questions displayed below.$]$

The following adjusted trial balance at December $31$ of Wilson Trucking Company.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|\}$

$\backslash$hline Account Title & Debit & Credit $\backslash \backslash$

$\backslash$hline Cash & $\backslash (\backslash$$ $9,100\backslash )$ & $\backslash \backslash$

$\backslash$hline Accounts receivable & $18,600$ & $\backslash \backslash$

$\backslash$hline office supplies & $4,100$ & $\backslash \backslash$

$\backslash$hline Trucks & $\backslash (183,00\backslash )$ & $\backslash \backslash$

$\backslash$hline Accumulated depreciation$-$Trucks & & $\backslash (\backslash$$ $37,100\backslash )\backslash \backslash$

$\backslash$hline Land & $96,900$ & $\backslash \backslash$

$\backslash$hline Accounts payable & & $15,300\backslash \backslash$

$\backslash$hline Interest payable & & $5,100\backslash \backslash$

$\backslash$hline Long$-$term notes payable & & $63,500\backslash \backslash$

$\backslash$hline Common stock & & $35,500\backslash \backslash$

$\backslash$hline Retained earnings & & $145,500\backslash \backslash$

$\backslash$hline Dividends & $21,100$ & $\backslash \backslash$

$\backslash$hline Trucking revenue & & $141,000\backslash \backslash$

$\backslash$hline Depreciation expense$-$Trucks & $24,600$ & $\backslash \backslash$

$\backslash$hline Salaries expense & $64,300$ & $\backslash \backslash$

$\backslash$hline office supplies expense & $9,100$ & $\backslash \backslash$

$\backslash$hline Interest expense & $13,100$ & $\backslash \backslash$

$\backslash$hline Totals & $\backslash (\backslash$$ $443,090\backslash )$ & $\backslash (\backslash$$ $443,000\backslash )\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

Retalned Earnings account balance was $\backslash (\backslash$$ $145,500\backslash )$ at December $31$ of the prior year.

$(1)$ Prepare the Income statement for the year ended December $31.$

$(2)$ Prepare the statement of retalned earnings for the year ended December $31.$