2,000 117. Shores Sports rents canoes and kayaks. Below is the adjusted trial balance at December 31. (10 points) Debit Credit Cash 1,500 Accounts Receivable Interest Receivable 100 Prepaid Insurance 1,600 Notes Receivable 2.800 (long-term) Equipment 15,000 Accumulated Depreciation 3,000 Accounts Payable 2,400 Accrued Expenses Payable 3,920 Income Taxes Payable 2,700 Unearned Rent Fees 500 Common Stock 7,700 Dividends 2,000 Rent Fees Earned 37,000 Furniture Rental Revenue 1,300 Wages Expense 19,000 Depreciation Expense 1,800 Utilities Expense 320 Insurance Expense 700 Maintenance Expense 9,000 Income Tax Expense 2.700 Totals 58.520 58.520 Prepare the closing entries for December 31