The following is the adjusted trial balance of Wilson Trucking Company Credit Debit $ 7,300 16, See 2.ee 171, eee $ 75,000 35, 226 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-ters notes payable K. Wilson, Capital K. Wilson, withdrawals Trucking fees earned Depreciation expense Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals 11,30 3,eee 52,eee 166,988 113,500 2,261 $382.014$ 382,014 The K. Wilson, Capital account balance is $166,988 at December 31, 2016 (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare the income statement for the year ended December 31, 2017 WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Expenses Required 2 > O Type here to search C . newconnect.mheducation.com/flow/connect.html Ch. 4 Quiz 6 The following is the adjusted trial balance of Wilson Trucking Company Account Title Credit $ Debit 7.1 16,500 Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Accounts payable Interest payable Long-ters notes payable K. Wilson, Capital K. Wilson, withdrawals Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense Trucks Totals 171, eee 35,226 75,00 11,360 3,000 52, eee 166,988 19,000 113,5ee 22,721 53,232 5.See 9,761 $382,014$ 382,014 The K. Wilson, Capital account balance is $166,988 at December 31, 2016 (1) Prepare the income statement for the year ended December 31, 2017 (2) Prepare the statement of owner's equity for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. required Required 1 Prepare the statement of owner's equity for the year ended December 31, 2017. WILSON TRUCKING COMPANY Statement of Owner's Equity For Year Ended December 31, 2017 K. Wilson, Capital, December 31, 2016 K. Wilson, Capital, December 31, 2017 (Required