the following adjusted trial balance at December 31 of Wilson Trucking Company Account Title Debit Credit Cash $ 9,000 Accounts receivable 18,500 office supplies 4,000 Trucks 182,000 Accumulated depreciation-Trucks $ 37,000 Land 95,000 Accounts payable 15,000 Interest payable 5,000 Long-tere notes payable 63,000 K. Wilson, Capital 180,000 K. Wilson, withdrawals 21.000 Trucking revenue 140,000 Depreciation expense Trucks 24,500 Salaries expense 64,000 office supplies expense 9,000 Interest expense 13.000 Totals $ 440,000 $ 440.000 The K. Wilson, Capital account balance was $180,000 at December 31 of the prior year, and there were no owner investments during the year (1) Prepare the income statement for the year ended December 31 121 Prepare the statement of owner's equity for the vear ended December 31, Required 1 Required 2 Prepare the income statement for the year ended December 31. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 Revenues Expenses Total expenses 0 0 Required 1 Required 2 Prepare the statement of owner's equity for the year ended December 31. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K Wilson, Capital, December 31 prior year Add Investments by owner 0 0 0 K. Wilson Capital, December 31 current year Required 1