TouchTone Talent Agency performs adjusting entries every month but closes its accounts only at year-end. The company's year-end adjusted trial balance dated December 31, 2011, was: TouchTone Talent Agency Adjusted trial balance 31st December 2011 Cr. $ Dr. $ 91,100 4,500 300 12,000 $ 5,000 Details Cash Account Receivables Supplies Equipment Accumulated depreciation: equipment Accounts payable Income taxes payable Capital stock Retained earnings Dividends Agency revenue earned Salary expense Supply expense Advertising expense Depreciation expense: equipment Income taxes expense Total 1,500 3,500 25,000 45,000 2,000 Your Registration no. 52,000 1,200 300 1,000 11,600 $176,000 $176,000 Required: A. Prepare an Income Statement for the year ended December 31, 2011. B. Statement of Retained Earnings for the year ended December 31, 2011. C. Also, prepare the Balance Sheet dated December 31, 2011