3. An Adjusted Trial Balance for RLC, Inc., at December 31 appears below. RLC Inc. Adjusted Trial Balance December 31, 3020 Cash $33750 Accounts Receivable 175,000 Office Equipment 262,500 Accumulated Depreciation: Office Equipment $50,000 Accounts Payable 100,000 Income Taxes Payable 50,000 Capital Stock 125,000 Retained Earnings 100,000 Dividends 42,500 Sales Commissions Earned 542,500 Retained Earnings 100,000 Dividends 42,500 Sales Commissions Earned 542,500 Advertising Expense 80,000 Rent Expense 110,000 Salaries Expense 112,500 Utilities Expense 76,250 Depreciation Expense: Office Equipment 25,000 Income Tax Expense 50,000 967,500 967,500 Prepare journal entries to close the accounts (Don't Forget the Description - these will be graded manually after the due date). Use four entries to: (1) Close the revenue account, (2) Close the expense accounts, (3) Close the Income Summary account, and (4) Close the Dividends account