The adjusted trial balance for Chiara Company as of December 31 follows. Credit Debit $191,200 51,080 21,800 168,500 16,500 169,000 Dok $ 55,000 138,000 485,000 rint 0 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable Common stock Retained earnings Dividends Fees earned Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense Autonobiles Totals 28,000 97,000 30,000 22,000 40,000 148,000 33,580 302,220 534,000 26,000 rences 47,000 25,000 21,000 183,000 43,000 35,400 34,800 58,000 27,600 51,315,800 $1,315,000 Required: Use the information in the adjusted trial balance to proporo (a) the income statement for the year ended December 3, (b) the statement of retained earnings for the year ended December 31Note Retained Earnings at December 31 of the prior year was $302.220) and (c) the balance sheet as of December 31 Complete this question by entering your answers in the tabs below. Required A Required B Required ints Prepare the income statement for the year ended December 31. eBook CHIARA COMPANY Income Statement For Year Ended December 31 Print TAssets Fees earned Interest earned References $ 0 Depreciation expense Automobiles Depreciation expense-Equipment Salanes expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense Automobiles 0 Net income Required > Required: Use the information irrthe adjusted trial balance to prepare (a) the income statement for the year endec statement of retained earnings for the year ended December 31[Note Retained Earnings at December $302,220), and the balance sheet as of December 31 5 points Complete this question by entering your answers in the tabs below. eBook Required A Required B Required Print Prepare the statement of retained earnings for the year ended December 31. (Note: Retained Earnings at Dece prior year was $302,220.) References CHIARA COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earings, Dec 31 prior year end 0 Retained earnings, Dec 31 current year end $ 0 6 CHIARA COMPANY Balance Sheet December 31 5 points e-Book Print 0 References 0 s 0 0 ME LA