The following is the adjusted trial balance of Wilson Trucking Company. Account Title Debit Credit Cash $ 8,000 Accounts receivable 16,500 Office supplies 2,000 Trucks 157,000 Accumulated depreciationTrucks $ 32,342 Land 75,000 Accounts payable 12,000 Interest payable 3,000 Long-term notes payable 52,000 Common stock 17,000 Retained earnings 137,842 Dividends 19,000 Trucking fees earned 119,500 Depreciation expenseTrucks 20,861 Salaries expense 56,046 Office supplies expense 9,000 Repairs expenseTrucks 10,277 Totals $ 373,684 $ 373,684 The Retained Earnings account balance is $137,842 at December 31, 2016. (1) Prepare the income statement for the year ended December 31, 2017. (2) Prepare the statement of retained earnings for the year ended December 31, 2017.