The adjusted trial balance for Happ Company follows. Adjusted Trial Balance December 31 Account Title Accounts receivable Accumulated depreciation-Trucks Accounts payable Salaries payable Number 101 Cash 106 153 Trucks 154 183 Land 201 209 233 307 318 319 401 611 622 640 Unearned revenue Common stock Retained earnings Dividends Plumbing revenue Depreciation expense-Trucks Salaries expense Rent expense Totals Debit $ 7,000 27,200 Credit 42,000 $ 17,500 32,000 15,000 4,200 3,600 40,900 24,600 15,400 84,000 6,500 46,700 13,000 $ 189,800 $ 189,800 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 $24,600 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet.