28 High Step Shoes had annual revenues of $201.000, expenses of $111,700, and dividends of $24.400 during the current year. The retained earnings account before closing had a balance of $313,000. The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is: 175 points Multiple Choice 8 00:43:51 Debit Income Summary $64.900, credit Retained earnings $64.900 Debit Retained earnings $64.900 credit Income Summary $64.900 Debit Retained earnings $89.300, credit Income Summary 589.300 28 Debit Retained earnings $64.900. credit Income Summary $64.900 175 points 8 000 Debit Retained earnings $89,300 credit Income Summary $89.300 Debit Retained earnings $313.000 credit Income Summary $313.000 Debit Income Summary 589.300.credit Retained earnings $89.300