The adjusted trial balance for Chiara Company as of December 31 follows. Debit $ 151,500 50, 500 20,400 169,500 15,500 172,000 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 R. Chiara, Capital R. Chiara, Withdrawals 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 146,000 78,000 55,000 Credit $ 55,000 27,eee 96,000 20,000 25,000 38,000 148,000 335,800 514,000 38,000 25,000 19,000 184,000 47,000 32,000 33,600 65,000 32,800 $ 1,296,800 $ 1,296,800 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 owner's equity for the year ended December 31 [Note R. Chiara, Capital at December 31 of the prior year was $335,800, and there were no owner investments in the current year]; and (c) the balance sheet as of December 31.