Answer:
<u>PART 1:</u> Wilson Trucking Company reported Net Income of $15,854  for the year ended December 31, 2017.
<u>PART 2:</u> As per the statement of changes in equity, K. Wilson Capital Account Balance as at December 31, 2017 is $190,124
* Please note that figures in brackets represent negative values.
Explanation:
<u>PART 1</u>     
                                            Wilson Trucking Company
                      Income Statement for the year ended December 31, 2017
<u>Revenue </u>
Trucking Fees                                                         $115,500  
<u>Less Expenses:</u>  
Depreciation expense of Trucks                                  $(26,043)
Salaries expense                                                          $(54,170)
Office supplies expense                                          $(9,500)
Repairs expense -Trucks                                          $(9,933)
  
Net Income                                                                 $15,854  
  
<u>PART 2</u>  
                                         Wilson Trucking Company
      Statement of changes in Equity for the year ended December 31, 2017
K. Wilson Capital Account Balance as at December 31, 2016  $193,270  
Add: Net Income for the year                                                          $15,854  
Less: K. Wilson withdrawals during the year                                  $(19,000)
K. Wilson Capital Account Balance as at December 31, 2017  $190,124