[The following information applies to the questions displayed below.] The adjusted trial balance for Chiara Company as of December 31, 2013, follows. Debit Credit Cash $ 32,000 Accounts receivable 54,000 Interest receivable 19,000 Notes receivable (due in 90 days) 170,000 Office supplies 17,000 Automobiles 172,000 Accumulated depreciationAutomobiles $ 52,000 Equipment 142,000 Accumulated depreciationEquipment 20,000 Land 80,000 Accounts payable 106,000 Interest payable 20,600 Salaries payable 20,000 Unearned fees 32,000 Long-term notes payable 139,000 Common stock 20,000 Retained earnings 237,800 Dividends 47,000 Fees earned 488,000 Interest earned 26,000 Depreciation expenseAutomobiles 27,000 Depreciation expenseEquipment 19,000 Salaries expense 190,000 Wages expense 42,000 Interest expense 32,200 Office supplies expense 34,200 Advertising expense 59,000 Repairs expenseAutomobiles 25,000 Totals $ 1,161,400 $ 1,161,400 1(a) Prepare income statement for the year ended December 31, 2013. 1(b) Prepare statement of retained earnings for the year ended December 31, 2013. 1(c) Prepare Chiara Company's balance sheet as of December 31, 2013