5. SweetToons, Inc. sells musical instruments. On December 31, 2018, the company had the following balances in its accounts, listed alphabetically, prior to closing the temporary accounts. Prepare the closing entry using the direct method, Accounts Receivable Accounts Payable Advertising Expense Building Cash Common Stock Dividends Retained Earnings Equipment Land Notes Payable Office Supplies Prepaid Rent Salaries Expense Service Revenue Utilities Expense $ 5,000 15,000 2,000 16,500 87,600 40,000 1,200 10,000 2,000 70,000 60,000 3,400 1,200 4,000 72,000 4,100