The adjusted trial balance for Chiara Company as of December 31 follows. Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31 ; (b) for the year ended December 31 [Note. R. Chiara, Capital at December 31 of the prior year was $305,800, and there were current year.] ; and (c) the balance sheet as of December 31 . Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the year ended December 31. [Note: R, Chiara, Capital at December 31 of the and there were no owner investments in the current year.] Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31 ; (b) the stat for the year ended December 31 [Note. R. Chiara, Capital at December 31 of the prior year was $305,800, and there were no own current year.]; and (c) the balance sheet as of December 31. Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the year ended December 31. [Note: R. Chiara, Capital at December 31 of the prior ye and there were no owner investments in the current year]