Account Title Debit Credit Cash $ 8,700 Accounts receivable 18,200 Office supplies 3,700 Trucks 179,000 Accumulated depreciationTrucks

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Account Title Debit Credit Cash $ 8,700 Accounts receivable 18,200 Office supplies 3,700 Trucks 179,000 Accumulated depreciationTrucks $ 36,700 Land 92,000 Accounts payable 14,100 Interest payable 4,700 Long-term notes payable 61,500 Common stock 33,500 Retained earnings 143,500 Dividends 20,700 Trucking revenue 137,000 Depreciation expenseTrucks 24,200 Salaries expense 63,100 Office supplies expense 8,700 Interest expense 12,700 Totals $ 431,000 $ 431,000 The Retained Earnings account balance was $143,500 at December 31 of the prior year. (1) Prepare the income statement for the year ended December 31. (2) Prepare the statement of retained earnings for the year ended December 31