16. Kader Co. had a total of $13,500 in the dividends account for the current year. The entry needed to close the dividends account is: A. Income summary 13,500 Dividends 13,500 B. Retained earnings 13,500 Dividends 13,500 C. Income Summary 13,500 Cash 13,500 D. Dividends 13,500 Cash 13,500 E. Dividends 13,500 Retained earnings 13,500