Tutors for Rent, Inc., 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: TUTORS FOR RENT, INC. ADJUSTED TRIAL BALANCE DECEMBER 31, 2011 Cash.... $ 91,100 4,500 300 12,000 Accounts receivable Supplies Equipment Accumulated depreciation: equipment Accounts payable Income taxes payable.. Capital stock. Retained earnings. Dividends Tutoring revenue earned Salary expense Supply expense Advertising expense Depreciation expense: equipment Income taxes expense $ 5,000 1,500 3,500 25,000 45,000 2,000 96,000 52,000 1,200 300 1.000 11.600 $176,000 $176.000 Prepare an income statement and statement of retained eamings for the year ended December 31. 2011. Also prepare the company's balance sheet dated December 31, 2011