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Closing Entries Prior to closing, total revenues were $ 8 , 3 1 5 , 0 0 0 and total expenses were $ 6 ,

Closing Entries

Prior to closing, total revenues were $

8, 315, 000

and total expenses were $

6, 460, 000 .

During the year, the owner made no additional investments and withdrew $

408, 000 .

After the closing entries, how much did the owner's capital account change?

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