Exercise 2-14 (Algo) Closing entries (LO2-8] Presented below is income statement information of the Schefter Corporation for the year ended December 31, 2021. Sales revenue Salaries expense Interest revenue Advertising expense Gain on sale of investments Cost of goods sold Insurance expense Interest expense Income tax expense Depreciation expense $ 432,000 60,000 4,800 9,000 6,200 237,600 9,800 2,900 26,000 14,000 Required: Prepare the necessary closing entries at December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Debit Credit Date General Journal Dec. 31, 2021 Sales revenue Interest revenue Gain on sale of investments 432,000 4,800 6,200 443,000 Record entry Clear entry View general journal Journal entry worksheet