The following adjusted year-end trial balance at December 31 of Wilson Trucking Company. Debit 7,900 16,500 2,000 185,000 $ 38, 110 75,000 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 11,900 3,000 52,000 78,961 19,000 118,000 $401,971 $401,971 The K. Wilson, Capital account balance was $178,961 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. 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 - Expenses - Total expenses Required 2 > The K. Wilson, Capital account balance was $178,961 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 belo Required 1 Required 2 Prepare the statement of owner's equity for the year ended Decem WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31 K. Wilson, Capital, December 31 prior year 1 K. Wilson, Cap December 31 current year Required 1