CLOSING ENTRIES Using the information given in the below adjusted trial balance, prepare the year-end closing entries. You can type in the box below or complete on paper and submit via email by the end of the day or attach here. Please type SUBMITTED VIA EMAIL in the textbox if this is your option. J.W. Hatch Adjusted Trial Balance December 31, 2022 DR $ 12,000 25,000 35,000 CR 12,000 144,000 30,000 310,000 Cash Accounts Receivable Inventory Accounts Payable J. Hatch, Capital J. Hatch, Drawings Sales Revenue Sales Discounts Sales Returns & Allowances Cost of Goods Sold Advertising Expense Maintenance & Repairs Expense Depreciation Expense Totals 6,000 8,000 188,000 20,000 15,000 7,000 $ 486,000 $ 486,000