Bennett pany had the following adjusted trial balance: 9 Credit Account Titles Cash Debit $24,580 19,320 9,360 43,100 $6,700 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Deferred Rent Revenue Capital Stock Retained Earnings Dividends Commission Revenue 4,360 1,700 25,000 24,600 14,400 61,700 5,100 Rent Revenue Depreciation Expense Utilities Expense Supplies Expense 5,600 7,600 5,200 $129,160 Total $129,160 The president of Bennett 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: SU 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? What is the balance in the depreciation expense account? sa so