Circle the best answer to each of the following questions. Use Macy's, Inc. adjusted trial balance to answer the next two questions. It was prepared BEFORE closing entries. All amounts are in millions of dollars. Macy's fiscal year ended on January 30, 2021. Cash and other current assets *macy's Adjusted Trial Balance January 30, 2021 Debits Credits 6,184 Property, plant, and equipment, net 5,940 Goodwill and other long-term assets 5,5$2 Accounts payable and other current liabilities 5,357 Long-term liabilities 9,796 Common stock 574 Retained earnings Dividends Sales 6,040 117 18,097 Interest income 58 Cost of sales 12,155 Selling, general and administrative expenses 7,850 Depreciation expense 959 Interest expense 289 Income tax expense 846 Totals $ 39,922 $ 39,922 1. Macy's journal entry to close the revenue and expense accounts includes a: a. Debit to Interest income for $58 million. b. Debit to Depreciation expense for $959 million. c. Credit to Retained earnings for $3,944 million. d. Debit to Retained earnings for $6,040 million. 2. The Retained Earnings balance shown on Macy's January 30, 2021 balance sheet (i.e., ENDING Retained earnings) is: a. $9,867 million. b. $6,040 million. c. $2,096 million. d. $1,979 million.