The adjusted trial balance for Chiara Company as of December 31 follows Cash Accounts receivable Interest receivable Notes receivable (due in se days) office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Credit $ 100,200 54,500 22,000 170,000 16,000 160,000 $ 105,000 148,000 17,000 87,000 100,000 50,000 26,000 36,000 Long-term notes payable 146,000 Common stock 29,580 Retained earnings 266,220 Dividends 50,000 Fees earned Interest earned 534,000 26,000 Depreciation expense-Automobiles 26,500 Depreciation expense-Equipment 21,000 Salaries expense Wages expense Interest expense office supplies expense Advertising expense 190,000 39,000 36,400 34,800 60,000 Repairs expense-Automobiles) 31,400 Totals $1,335,800 $1,335,800 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 $266,220); and (c) the balance sheet as of December 31. Complete this question by entering your answers in the tabs below.