The following is the adjusted trial balance of Wilson Trucking Company. Account Title Debit Credit Cash $8,400 Accounts receivable 16,500 Office supplies 2,000 Trucks 176,000 Accumulated depreciationTrucks $36,256 Land 75,000 Accounts payable 12,400 Interest payable 3,000 Long-term notes payable 52,000 K. Wilson, Capital 174,289 K. Wilson, Withdrawals 19,000 Trucking fees earned 112,000 Depreciation expenseTrucks 23,385 Salaries expense 52,528 Office supplies expense 7,500 Repairs expenseTrucks 9,632 Totals $389,945 $389,945 The K. Wilson, Capital account balance is $174,289 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017. (2) Prepare the statement of owners equity for the year ended December 31, 2017.

The following is the adjusted trial balance of Wilson Trucking Company. 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 Debit Credit $ 8,400 16,500 2,000 176,000 $ 36,256 75,000 12,400 3,000 52,000 174,289 19,000 112,000 23,385 52, 528 7,500 9,632 $ 389,945 $ 389,945 The K. Wilson, Capital account balance is $174,289 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 1 Required 2 The K. Wilson, Capital account balance is $174,289 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 1 Required 2 Prepare the income statement for the year ended December 31, 2017. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31, 2017 Revenues Expenses Total expenses Required 1 Required 2 > The K. Wilson, Capital account balance is $174,289 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 1 Required 2 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 S