The following adjusted year-end trial balance at December 31 of Wilson Trucking Company, Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-term notes payable K. Wilson, Capital K. Wilson, Withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks Totals Debit Credit $ 7,900 16,500 2,000 154,000 $ 31,724 75,000 11,900 3,000 52,000 142,385 19,000 134,500 20,462 63,080 6,000 11,567 $375,509 $375,509 The K. Wilson, Capital account balance was $142,385 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. The K. Wilson, Capital account balance was $142,385 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of owner's equity for the year ended December 31. Complete this question by entering your answers in the tabs below. 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 ces Expenses Total expenses