The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. Oro Tybalt invested $6,000 cash in the business during the year. The O. Tybalt, Capita account balance was $121,900 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. 2. Prepare the necessary closing entries at December 31 of the current year