3-4) Presented below are selected account balances for Pina Co. as of December 31, 2017.

Inventory 12/31/17		$59,970		Cost of Goods Sold		$223,818
Common Stock		75,590		Selling Expenses		16,076
Retained Earnings		44,340		Administrative Expenses		38,613
Dividends		18,040		Income Tax Expense		29,780
Sales Returns and Allowances		11,773
Sales Discounts		14,780
Sales Revenue Prepare closing entries for Pina Co. on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)		402,900