Capri Company began the current period with a $28,000 credit balance in the Retained Earnings account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances. \begin{tabular}{|l|l|l|} \hline Stop 2: Closo Expenses to Incomo Summary & Dobit & Credit \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Income Summary } \\ \hline & \\ \hline & \\ \hline \end{tabular} 2. After all closing entries are journalized and posted, what is the balance of the Retained Earnings account? \begin{tabular}{|l|l|l|} \hline Step 3: Close Income Summary to Retained earnings & Debit & Credit \\ \hline & & \\ \hline & & \\ \hline \end{tabular} \begin{tabular}{|l|l|r|} \hline Step 4: Close Dividends & & \\ \hline & & \\ \hline & \multicolumn{2}{|c|}{ Retained Earnings Account } \\ \hline & & 28,000 \\ \hline Beginning balance & & \\ \hline & & \\ \hline Dividends & & \\ \hline & & \\ \hline \end{tabular} Prev 11 of 13