Required Using the information from the adjusted trial balance below, prepare in good form with proper headings and date, the following three statements covering the year ending December 31, 2020: 1. Income Statement. 2. Retained Earnings Statement. 3. Balance Sheet. Charlie's Mount Diablo Mufler Service Adjusted Trial Balance December 31, 2020 Cash Debit $ 62,895 Credit Accounts Receivable. 3,970 Inventory.. 18,455 Accounts Payable...... Supplies. Equipment Accumulated Depreciation-Equipment... Unearned Muffler Service Revenue 4,340 115,030 $ 18,580 1,400 2,370 Common Stock... 90,000 Retained Earnings 33,625 Dividends..... 14,000 Muffler Service Revenue 388,620 Cost of Mufflers Sold.. 59,655 Salaries and Wages Expense.. 196,400 Advertising Expense... 6,900 Supplies Expense... 3,600 Depreciation Expense 9,850 Rent Expense.. 39,500 $534,595 $534,595 - ZOOM +