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Required information (The following information applies to the questions displayed below.) The following is the adjusted year-end trial balance at December 31, 2018, of Wilson

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Required information (The following information applies to the questions displayed below.) The following is the adjusted year-end trial balance at December 31, 2018, of Wilson Trucking Company. Credit Debit $ 7,000 17,600 3,600 172,000 $ 26,000 84,300 Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable Common stock Retained earnings, December 31, 2017 Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals 12,900 4,700 53,000 22,000 159,000 19,400 122,000 22,700 53,000 7,800 12, 200 $399,600 $399,600 (1) Prepare the income statement for the year ended December 31, 2018. (2) Prepare the statement of retained earnings for the year ended December 31, 2018. (3) Prepare its balance sheet as of December 31, 2018. WILSON TRUCKING COMPANY Balance Sheet December 31, 2018 Assets Cash Accounts receivable Office supplies

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