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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

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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 0 . Tybalt, Capital account balance was $122,700 on Decembe 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. Prepore the classified bolance sheet at December 31 of the current year. 2. Prepere the necessary closing entries at December 31 of the current year. Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the current year ended December 31

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