[The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. The K. Wilson, Capital account balance was $176,000 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. (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. Prepare the income statement for the year ended December 31 . \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total expenses & & 0 \\ \hline & & $0 \\ \hline \end{tabular} Required 2> Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the year ended December 31