The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $ 108,800 51,580 20,000 172,000 16,eee 172,000 $ 55,eee 146,000 18,888 88,000 Cash Accounts receivable Interest receivable Notes receivable (due in 98 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term 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 94, eee 25,000 17,000 40,000 154,000 31,580 284,220 49,000 514, eee 20,000 25,000 21,800 182,00 40,000 37,400 34,000 62,500 27,600 $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 statement of retained earnings for the year ended December 31 (Note: Retained Earnings at December 31 of the pr. the balance sheet as of December 31