Current Attempt in Progress The ledger of Pitt Company contains the following balances: Owner's Capital $30,000, Owner's Drawings $2,000, Service Revenue $58,000, Salaries and Wages Expense $39,000, and Supplies Expense $7,000. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/(loss). (4) Close drawings.