The adiusted trial balance for Tvbalt Construction on December 31 of the current vear follows. The Retained Earnings account balance was $122,400 on December 31 of the prior year. Required: 1a. Prepare the income statement for the current year ended December 31 . 1b. Prepare the statement of retained earnings for the current year ended December 31 . 1c. Prepare the classified balance sheet at December 31 of the current year. 2. Prepare the necessary closing entries at December 31 of the current year. Prepare the income statement for the current year ended December 31 . Prepare the statement of retained earnings for the current year ended December 31 . Prepare the classified balance sheet of December 31 of the current year. Journal entry worksheet 4 Record the entry to close the revenue account(s). Note: Enter debits before credits. Record the entry to close the expense account(s). Note: Enter debits before credits. Journal entry worksheet Record the entry to close the Income summary account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits