Assume that the entry closing total revenues of $3,190,000 and total expenses of $2,350,000 has been made for the year. At the end of the fiscal year. Teresa Schater, Capital has a credit balance of $1,885,000 and Teresa Schafer, Drawing has a balance of $770,000 Required: (a) Journalize the entry required to close the Teresa Schafer, Drawing account Refer to the Chart of Accounts for exact wording of account tles (b) Determine the amount of Teresa Schafer, Capital at the end of the period