Terry III Sements LU US The following adjusted year-end trial balance at December 31 of Wilson Trucking Company Account Title Debit Credit 16,500 2,000 153,000 $ 31,513 75.000 Accounts receivable office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-ters notes payable K. Wilson, Capital K. Wilson, withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense office supplies expense Repairs expense-Trucks Totals 19.000 20.329 68,005 2,500 12,470 $379,204 $379,204 The K. Wilson, Capital account balance was $138.286 at December 31 of the prior 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended Decembe Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Expenses ! Total expenses Required 2 Required i Required 2 Prepare the statement of owner's equity for the year ended Dec WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K. Wilson, Capital, December 31 prior year K. Wilson, Capital, December 31 current year