The adjusted trial balance for Speedy Courier as of December 31, 2010, follows....

The adjusted trial balance for Speedy Courier as of December 31, 2010, follows.

Required

Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31, 2010, (b) the statement of owner’s equity for the year ended December 31, 2010, and (c) the balance sheet as of December 31, 2010. The owner made no additional investments during the year.