! Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Cash Account Title Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Debit $ 9,000 18,500 4,000 Credit 182,000 $ 37,000 95,000 15,000 Interest payable 5,000 Long-term notes payable 63,000 K. Wilson, Capital 180,000 K. Wilson, Withdrawals 21,000 Trucking revenue 140,000 Depreciation expense-Trucks 24,500 Salaries expense 64,000 Office supplies expense 9,000 Interest expense Totals 13,000 $440,000 $440,000 Exercise 4-10 (Algo) Preparing an income statement & statement of owner's equity LO C1 The K. Wilson, Capital account balance was $180,000 at December 31 of the prior year, and there were no owner investments during the year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31.