Below are accounts with account balances (excluding the balance in the Retained earnings account) for Anton Corporation as of December 31, 20XX. The Retained earning account balance at January 1, 20XX was $293,800. Chapter 4 Question 1: (1 point) Required: What is the amount of the total expenses? Omit $ signs. Chapter 4 Question 2: (1 point) Required: In the first closing entry, for what amount would Retained earnings be credited? Omit $ signs. Chapter 4 Question 3: (2 points) Required: After all closing entries are prepared, what would be the December 31, 20XX balance in Retained earnings? Omit $ signs. Cash $28,000 Accounts receivable 69,600 Supplies 4,600 Prepaid Insurance 2,500 Building 439,500 Accumulated depreciation building 44,200 Accounts payable 11,700 Salaries payable 3,000 Unearned rent 2,000 Common stock 80,000 Dividends 12,000 Fees earned 718,000 Rent revenue 12,000 Salaries expense 522,100 Rent expense 48,000 Supplies expense 10,800 Depreciation expense - building 8,750 Utilities expense 7,150 Repair expense 3,000 Insurance expense 2,500 Miscellaneous expense 6,200

In the first closing entry, for what amount would Retained earnings be credited? Omit $ signs.