Closing Entries The adjusted trial balance prepared as of December 31, for Phyllis Howell \& Company, Consultant, contains the following re \begin{tabular}{|l|r|r|} \hline & Debit & Credit \\ \hline Senvice Fees Earned & & $81,100 \\ \hline Rent Expense & $21,600 & \\ \hline SalariesExpenseSuppliesExpense & 46,500 & \\ \hline DepreciationExpenseRetainedEarnings & 11,000 & \\ \hline DividendsS & 9,800 & 67,800 \\ \hline \end{tabular} Prepare journal entries to close the accounts directly to Retained Earnings. After these entries are posted, what is the balance in the Retained