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) the statement of owner's equity for the year ended December 31 (Note. R. Chiara, Capital at Decdmber 31 of the prior year was $315,800, and there were no owner investments in the current year); and (c) the balance sheet as of December 31