The following is the adjusted trial balance of Wilson Trucking Company. Credit Debit Account Title 8,300 16,500 2,000 198,000 Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks $40,788 Land 75,000 Accounts payable Interest payable Long-term notes payable Common stock Retained earnings Dividends Trucking fees earned Depreciation expense-Trucks Salaries expense Office supplies expense Repairs expense-Trucks 12,300 3,000 52,000 16,000 175,510 19,000 118,000 26,308 55,342 7,000 10,148 Totals $417,598 $417,598 The Retained Earnings account balance is $175,510 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the statement of retained earnings for the year ended December 31, 2017. WILSON TRUCKING COMPANY Statement of Retained Earnings For Year Ended December 31, 2017 Retained earnings, December 31, 2016 Retained earnings, December 31, 2017 Required 1 Recuired 2