Task 1.1 Using the Adjusted Trial Balance shown below, prepare an Income Statement Task 1.2 Using the Adjusted Trial Balance shown below and the Income statement you prepared, prepare a Statement of Retained Earnings for German Tours Company Task 1.3 Explain how the Income statement and the statement of retained earnings relate to the balance sheet. German Tours Company Adjusted Trial Balance December 31, 2018 Debil Cash Accounts receivable Equipment Accumulated depreciation Accounts payable Unearned revenue Salaries payable Interest payable Notes payable Capital stock Revenue Salaries expense Advertising expense Fuel experie Depreciation expense Interest expense Dividends Task 1.1 German Tours Company Income Statement For the Year Ending December 31, 2018 Task 1.3 Task 1.2 Credit $15,500 4,500 45,000 17,000 5,000 2,000 5,000 1,200 1,000 $96,200 German Tours Company Statement of Retained Earnings For the Year Ending December 31, 2018 $5,000 4,000 1,200 2,000 1.200 20,000 30,000 32,800 $96.200