Required information [The following information applies to the questions displayed below.] Lamonte Company reports the following budgeted December 31 adjusted trial balance. repare the budgeted income statement for the current year ended December 31, Ignore income taxes. Prepare the budgeted income statement for the current year ended December 31 . Ignore income taxes Required information [The following information applies to the questions displayed below.] Lamonte Company reports the following budgeted December 31 adjusted trial balance. he ending year balance of Retained Earnings was $76,500 on December 31. Prepare Lamonte Company's budgeted balance sheet 5 of December 31 . (1) Required information