The adjusted trial balance for Happ Company follows. Adjusted Trial Balance December 31 Number Account Title Debit Credit 101 Cash $9,600 106 Accounts receivable 41,952 153 Trucks 39,500 1541 Accumulated depreciation-Trucks $ 15,879 183 Land 30,000 201 Accounts payable 22,368 209 Salaries payable 5,117 2331 307 318) 319 Unearned revenue Common stock Retained earnings Dividends 4,517 401 Plumbing revenue 611 Depreciation expense-Trucke 622 Salaries expense 640 Rent expense Totals 17,000 53,178 17,934 69,000 5,293 32,292 10,488 $ 187,059 $ 187,059 a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of retained earnings. The Retained earnings account balance was $53,178 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end income statement. HAPP COMPANY Income Statement For Year Ended December 31 Revenues Plumbing revenue $ 69,000 Expenses Depreciation expense-Trucks 5,293 Salaries expense 32,292 Rent expense 10,488 0 Total expenses Net income 48,073 $ 20,927