The adjusted trial balance for Chiara Company as of December 31, 2017, follows. Credit $ Debit 244,200 50,000 21,000 170,000 16,000 168,000 65,000 148,000 80,000 28,000 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 fees Long-term notes payable R. Chiara, Capital R. Chiara, Withdrawals 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 95,000 15,000 21,000 44,000 156,000 355,800 44,000 564,000 38,000 24,500 20, 500 189,000 43,000 34,200 36,000 64,000 29,400 $1,381,800 $1,381,800 Required: 1(a) Prepare the income statement for the year ended December 31, 2017 1(b) Prepare the statement of owner's equity for the year ended December 31, 2017 1(c) Prepare Chiara Company's balance sheet as of December 31, 2017 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Req 1C Prepare the income statement for the year ended December 31, 2017. CHIARA COMPANY Income Statement For Year Ended December 31, 2017 Req 1A Reg 1B Req 1C Prepare Chiara Company's balance sheet as of December 31, 2017. CHIARA COMPANY Balance Sheet December 31, 2017