The adjusted trial balance for Chiara Company as of December 31 follows. Credit $ Debit 99,300 55,000 20,200 172,500 16,000 168,000 60,000 144,000 25,000 88,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office Supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned revenue Long-term notes payable Common stock Retained earnings Dividends Services revenue Interest revenue Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals 91,000 25,000 24,000 40,000 146,000 30,580 275, 220 49,800 514,000 22,000 27,500 19,500 191,800 46,000 33,800 34,000 64,000 25,000 $1,252,800 $1,252,800 Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31: (b) the statement of retained earnings for the year ended December 31 (Note: Retained Earnings at December 31 of the prior year was $275,220); and (c) the balance sheet as of December 31. Complete this question by entering your answers in the tabs below