Barnes Company had the following adjusted trial balance: Account Titles Debit Credit Cash $24,830 Accounts Receivable 17,710 Supplies Equipment 9,170 42,600 Accumulated $8,300 Depreciation Accounts Payable Deferred Rent Revenue Capital Stock 3,200 1,700 27,610 Retained Earnings 22,700 Dividends 13,100 Commission Revenue 60,800 Rent Revenue 5,400 Depreciation Expense 6,900 Utilities Expense 10,200 Supplies Expense 5,200 Total $129,710 $129,710 The president of Barnes Company has asked you to close the books (prepare and process the closing entries). Required: After the closing process has been completed, answer the following questions: What is the balance in the rent revenue account? During the closing process, what amount was transferred from the income summary account to the Retained Earnings account in the third closing entry (i.e., after revenue and expense accounts have been closed to Income Summary)? What is the balance in the Retained Earnings account? $ $ $