All revenue accounts (totalling $600,000), expense accounts (totalling $650,000), and the Income Summary account have been closed for the year ended December 31, 2014 for Fineberg Productions, an unincorporated business. fter closing those accounts, P. Fineberg, Capital has a balance of $115,000, and P. Fineberg, Drawings has a balance of $48,000. Instructions a. Journalize the entries required to complete the closing of the accounts. b. Prepare a statement of owner's equity for the year ended December 31, 2014.