Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] The following adjusted trial balance at December 31 of Wilson Trucking Company. Account Title Cash Accounts receivable Office supplies Trucks Accumulated depreciation-Trucks Land Debit $ 8,000 17,500 Credit 3,000 172,000 $ 36,000 85,000 12,000 Accounts payable Interest payable Long-term notes payable 4,000 58,000 Common stock 30,000 Retained earnings 140,000 Dividends 20,000 Trucking revenue 130,000 Depreciation expense-Trucks 23,500 Salaries expense 61,000 Office supplies expense 8,000 Interest expense 12,000 Totals $410,00 $410,000 Exercise 3-21 (Static) Preparing an income statement & statement of retained earnings LO C2 The Retained Earnings account balance was $140,000 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