The following adjusted year-end trial balance at December 31 of Wilson Trucking Company.

Account Title	Debit			Credit
Cash	$	9,000
Accounts receivable		16,500
Office supplies		2,000
Trucks		189,000
Accumulated depreciationTrucks				$	38,934
Land		75,000
Accounts payable					13,000
Interest payable					3,000
Long-term notes payable					52,000
Common stock					35,880
Retained earnings					137,500
Dividends		19,000
Trucking fees earned					135,500
Depreciation expenseTrucks		25,112
Salaries expense		63,549
Office supplies expense		5,000
Repairs expenseTrucks		11,653
Totals	$	415,814		$	415,814

The Retained Earnings account balance was $137,500 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31.

Part two, new info:

Account Title	Debit			Credit
Cash	$	6,900
Accounts receivable		10,500
Office supplies		6,353
Trucks		174,000
Accumulated depreciationTrucks				$	35,844
Land		42,000
Accounts payable					10,900
Interest payable					17,000
Long-term notes payable					69,000
Common stock					-18,769
Retained earnings					135,000
Dividends		38,000
Trucking fees earned					127,000
Depreciation expenseTrucks		23,119
Salaries expense		54,170
Office supplies expense		11,000
Repairs expenseTrucks		9,933
Totals	$	375,975		$	375,975

Use the above adjusted trial balance to prepare Wilson Trucking Companys classified balance sheet as of December 31. (they want assets, liability, and equity)