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The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. Oro Tybalt invested $5,500 cash in the business during the

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The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. Oro Tybalt invested $5,500 cash in the business during the year. The O. Tybalt, Capital account balance was $123,100 on December 31 of the prior year. Required: 1a. Prepare the income statement for the current year ended December 31. 1b. Prepare the statement of owner's equity for the current year ended December 31 . 1c. Prepare the classified balance sheet at December 31 of the current year. Prepare the statement of owner's equity for the current year ended December 31

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