ctri Exercise 4-5 Computing Income Summary and ending captal balance from closing res P2 Capri Company began the current period with a $20,000 credit balance in the K. Capri, Capital accou At the end of the period, the company's adjusted account balances include the following temporary ac counts with normal balances. Services Sales expe Deprecation expense $70,000 38,000 K. Capri Wals 8,000 ( $7,000 12,000 4,600 1. After closing the revenue and expense accounts, what is the balance of the Income Summary account? 2. After all closing entries are journalized and posted, what is the balance of the K. Capri, Capital account?