Required information [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Debit $ 8,400 Credit Accounts receivable 17,900 Office supplies 3,400 Trucks Land 176,000 Accumulated depreciation-Trucks $ 36,400 89,000 Accounts payable 13,200 Interest payable 4,400 Long-term notes payable 60,000 Common stock 32,000 Retained earnings 142,000 Dividends 20,400 Trucking revenue. Depreciation expense-Trucks Salaries expense Office supplies expense Interest expense Totals 134,000 23,900 62,200 8,400 12,400 $ 422,000 $422,000 The Retained Earnings account balance was $142,000 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.