#$1-20$ points

The adjusted account balances of the Ehrlich Center at December $31,2023$ are as follows:

$\backslash$table$[[\frac{\text{A}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{s}}{\text{C}\text{a}\text{s}\text{h}},\frac{\text{A}\text{c}\text{c}\text{o}\text{u}\text{n}\text{t}\text{B}\text{a}\text{l}\text{a}\text{n}\text{c}\text{e}\text{s}}{\text{\$}14,000},\backslash$table$[[$Accounts$],[$Service Revenue$]],$unt Balances$],[\backslash$table$[[$Accounts Receivable$],[$Supplies$]],13,000,,],[\backslash$table$[[$Supplies$],[$Prepaid Insurance$]],4,000,$Depreciation Expense,$25,000],[\backslash$table$[[$Prepaid Insurance$],[$Buildings$]],8,000,$Insurance Expense,$6,000],[\backslash$table$[[$Buildings$],[$Accumulated Depreciation$-]],350,000,$Salaries and Wages Expense,$40,000],[\backslash$table$[[$Accumulated Depreciation$-],[$Buildings$]],100,000,\backslash$table$[[$Supplies Expense$],[$Utilities Expense$]],\backslash$table$[[8,000],[13,000]]],[\backslash$table$[[$Accounts Payable$],[$Salaries Pavable$]],69,000,,],[$Salaries Payable,$50,000,$Rent Expense,$15,000],[\backslash$table$[[$Owner$\text{'}$s Capital$],[$Owner$\text{'}$s Drawings$]],162,000,,],[$Owner$\text{'}$s Drawin!,,,$]]$

Instructions

a$.$ Prepare the $4$ closing entries for the Corona Center.

b$.$ Prepare a $T$ account of Income Summary and calculate the closing balance

c$.$ Prepare a T account of the Owner's Capital account and calculate the final balance.