s 4 through 10 that follow are based on the following December 31, 20X6 year-end account balances for XYZ Co. after adjusting entries had been prepared but before the books were closed for the year. Cash ..250,060 Accounts receivable Marketable securities. co680,000 ...60,000 Prepaid insurance. ..35,000 Prepaid rent. ..30,000 Office equipment. ...620,000 Accumulated depreciation: equipment 200,000 Land .... 750,000 Accounts payable ..306,000 Dividends payable .. 50,000 Interest payable 8,750 Income tax payable ..30,000 Unearned client service revenue Notes payable (long-term). c180,000 b. 350,000 Common stock 40.750,000 Retained earnings 4.315,200 Dividends... Client service revenue 1.75,000 . 1.200,000 Travel expense. Office supplies expense ..28,000 Advertising expense 1. .20,000 1...45,000 Salary expense Utility expense, 400,000 Depreciation expense: equipment L w. 40,000 1.25,000 Interest expense. ..17,500 Insurance expense 52.000 Rent expense - c1 75,000 Income tax expense 87.450 a. prepare the adjusted trial balance on December 31, 20X6. b. prepare the income statement for the year ended December 31, 20X6. c. Prepare the statement of retained eamings for the year ended December 31, 20X6. d. Prepare the statement of financial position as of December 31, 20X6