The adjusted trial balance for Happ Company follows. Credit Debit $ 8,700 38,019 41,000 $ 16, 482 30,000 Number 101 106 153 154 183 201 209 233 307 318 319 401 611 622 640 Adjusted Trial Balance December 31 Account Title Cash Accounts receivable Trucks Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Plumbing revenue Depreciation expense-Trucks Salaries expense Rent expense Totals 20,271 4,637 4,037 16,000 52, 404 23,298 86,000 5, 494 40, 248 13,072 $ 199,831 $ 199,831 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 $52,404 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet