The adjusted trial balance for Tybalt Construction on December 31 of the current year follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31 Number Account Title Debit. Credit 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment $ 6,000 30,900 7,600 45,000 168 Accumulated depreciation-Equipment $ 22,500 173 Building 159,000 174 Accumulated depreciation-Building 53,000 183 Land 70,790 201 203 Accounts payable Interest payable 16,000 2,900 208 Rent payable 3,300 210 Wages payable 2,200 213 Property taxes payable. 900 236 Unearned revenue 15,000 251 Long-term notes payable 61,000 301 o. Tybalt, Capital 129,600 302 0. Tybalt, Withdrawals 10,600 404 Services revenue 103,000 406 Rent revenue 17,000. 409 Interest revenue 4,400 606 Depreciation expense-Building 11,660 612 Depreciation expense-Equipment 6,750 623 Wages expense 47,300 633 Interest expense 4,700 637 Insurance expense 9,600 640 Rent expense 11,100 652 Supplies expense 6,300 683 Property taxes expense Totals: 3,500 $ 430,800 $ 430,800 Oro Tybalt invested $6,000 cash in the business during the year. The O. Tybalt, Capital account balance was $123,600 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. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 1C Required 2 Prepare the classified balance sheet at December 31 of the current year. TYBALT CONSTRUCTION Balance Sheet December 31 + $ 0 0 < Required 1B S 0 0 $ 0 0 $ 0 $ 0 Required 2 >