The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. year. Required: 1a. Prepare the income statement for the current year ended December 31. 1b. Prepare the statement of retained earnings for the current year ended December 31 . 1c. Prepare the classified balance sheet at December 31. 2. Prepare the necessary closing entries at December 31 of the current year. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries at December 31 of the current year. Journal entry worksheet Record the entry to close income summary. Note: Enter debits before credits. Prepare the classified balance sheet at December 31. \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{\begin{tabular}{l} TYBALT CONSTRUCTION \\ December 31 \end{tabular}} & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \hline & & \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Prepare the income statement for the current year ended December 31. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the current year ended December 31 . Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries at December 31 of the current year. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries at December 31 of the current year. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare the necessary closing entries at December 31 of the current year. Journal entry worksheet Record the entry to close the expense account(s). Note: Enter debits before credits