The adjusted trial balance for Chiara Company as of December 31 follows Credit $ Debit 178,5 55,00 18.660 173,000 17,000 174,000 $ 65,00 134,000 22.000 78,000 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 fees Long-ters notes payable Common stock Retained earnings Dividends Fees earned Interest earned Depreciation expense Automobiles Depreciation expense Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense Repairs expense Automobiles Totals 101.000 40,000 25,000 36.000 144,00 34,55e 311,220 51,000 514,000 32.000 28,000 21. 500 185.000 47.000 33.000 35.400 65,000 30,800 $1,324,30 $1,324,80 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 $311 220), and (c) the balance sheet as of December 31 Complete this question by entering your answers in the tabs below. Required A Required B Required C Prepare the income statement for the year ended December 31.