Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $620 were declared at the end of the year, and 570 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,830 in cash (for a total at the end of the year of 850 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,420 Accounts receivable 2,270 Interest receivable 150 Prepaid insurance 1,620 Long-term notes receivable 2,970 Equipment 15,600 Accumulated depreciation $ 3,040 Accounts payable 2,230 Dividends payable 620 Accrued expenses payable 3,890 Income taxes payable 2,570 Unearned rent revenue 520 Common Stock (850 shares) 85 Additional paid-in capital 3,425 Retained earnings 760 Sales revenue 39,140 Interest revenue 190 Rent revenue 690 Wages expense 19,500 Depreciation expense 1,760 Utilities expense 240 Insurance expense 730 Rent expense 8,300 Income tax expense 2,600 Total $ 57,160 $ 57,160 Prepare the closing entry at the end of the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the closing entry at the end of the current year. Note: Enter debits before credits. Transaction General Journal Debit Credit Sales revenue Record entry Clear entry View general journal