Assume that the first two closing entries have been made and posted. Use the T-accounts provided as follows to: Income Summary 214,000 281,500 Retained Earnings Bal. 48,900 Bal. 8,500 Dividends A. Complete the closing entries. If an amount box does not require an entry, leave it blank. 1. 2. B. Determine the ending balance in the Retained Earnings account.