The edjusted trial balance of Karise Repairs on December 31 follows. Note, C. Karise, Capital account balance was $33,000 on December 31 of the prior year, and there were no owner investments duriny the yeat Required: 1a. Prepare an income statement for the year. 1b. Prepare a statement of owner's equity for the year. Ic. Prepare a classified balance sheet at December 31 . 2. Prepare the December 31 closing entries Complete this question by entering your answers in the tabs below. Prepare the December 31 closing entries. Journal entry worksheet