The Retained Earnings account balance was $146,500 at December 31 of the (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 3 Complete this question by entering your answers in the tabs below. Prepare the income statement for the year ended December 31. Prepare the statement of retained earnings for the year ended December The following adjusted trial balance at December 31 of Wilson Trucking Company. The Retained Earnings account balance was $146,500 at December 31 of the prior year. WILSON TRUCKING COMPANY Income Statement For Year Ended December 31 \begin{tabular}{|c|c|} \hline \multicolumn{2}{|l|}{ Revenues } \\ \hline \multicolumn{2}{|l|}{ Expenses } \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Total expenses & 0 \\ \hline & $ \\ \hline \end{tabular}