$7.$The following information is from the Income Statement of A$1$ Laundry Service:

Revenues

Service Revenue

Expenses

Insurance expense

Total expenses

Net Income

$$6,500$

$[$$$2,450],[500],[300],[200],[100]$

$[$$$2,450],[500],[300],[200],[100]$

$$2,950$

The entry to close the expense accounts includes a

a$.$ credit to Income Summary for $$3,550.$

b$.$ debit to Income Summary for $$3,550.$

c$.$ debit to Salaries and Wages Expense for $$2,450.$

d$.$ credit to Retained Earnings for $$3,550.$