11. The income statement for the year 2019 of Golden Company contains the following information: Revenues $150,000 Expenses: Wages Expense Rent Expense. Advertising Expense... Supplies Expense..... Utilities Expense Insurance Expense Total expenses... $75,000 42,000 9,000 ..20,000 ..6,500 ...8,000 160,500 Net income (loss).. $(10,500) After all closing entries have been posted, the Income Summary account will have a balance of (2 Points) $10,500 credit $0. $10,500 debit. $150,000 credit