TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2019 rrepare tne income statement ror the caienaar-year UIY. TYBALT CONSTRUCTION Income Statement O. Tybalt invested $7,500 cash in the business in exchange for common stock during year 2019 . The December 31,2018 , credit balance of the Retained Earnings account was $124,600 Required: 1a. Prepare the income statement for the calendar-year 2019. 1b. Prepare the statement of retained earnings for the calendar-year 2019 , 1c. Prepare the classified balance sheet at December 31, 2019. 2. Prepare the necessary closing entries at December 31, 2019. Prepare the statement of retained earnings for the calendar-year 2019. Frepare the dassifed balsnce theet at December 31, 2019. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense account(s). Note: Enter debits before credits. Journal entry worksheet 1 Record the entry to close income summary. Note: Enter debits before credits. Journal entry worksheet 1 Record the entry to close the dividends account. Note: Enter debits before credits