Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Debit Credit Cash $ 8,400 Accounts receivable 17,900 office supplies 3,400 Trucks 176,000 Accumulated depreciation- $ Trucks 36,400 Land 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 134,000 Depreciation expense-Trucks 23,900 Salaries expense 62,200 office supplies expense 8,400 Interest expense 12,400 $ $ Totals 422,000 422,000 Exercise 3-21 (Algo) Preparing an income statement & statement of retained earnings LO C2 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. Complete this question by entering your answers in the tabs below.