The adj$$sted trial balance for Happ Company follows.

a$.$ Use the adjusted trial balance to prepare the December $31$ year$-$end income statement.

b$.$ Use the adjusted trial balance to prepare the December $31$ year$-$end statement of owner's equity. The E$.$ Happ, Capital account

balance was $$67,991$ on December $31$ of the prior year, and there were no owner investments in the current year.

c$.$ Use the adjusted trial balance to prepare the December $31$ year$-$end balance sheet.