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ep Ser Save & Caft The following tnformanon s available for Drendon Company before closing the accounts What wll bo the amount in the Income

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ep Ser Save & Caft The following tnformanon s available for Drendon Company before closing the accounts What wll bo the amount in the Income Summary account that should be closed to Retained eamings? Retained esrnings Dividenda $112,000 32,000 107.000 Teas earned Depreciation Expense -Equipment 12,000 Wages expense 71, 400 3,300 11,700 24,200 6-02 Interess expense Inaurance axpense Rent expense Mumpe Chaice $42400 $32400 $43.000 saosoo

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