Following is the Maya Co. December 31, 2021 shareholders' equity section of the balance sheet, prior to the closing entries: Contributed capital: Preferred shares, cumulative, $5.00, 8,000 shares outstanding, liquidation value $21 per share $220,000 Common shares, 30,000 shares outstanding 500,000 Retained earnings/(deficit) (440,000) Note: No dividends were declared in 2020. The net loss for 2021 was $135,500. What is the journal entry to close the Income Summary account? 215,500 80,000 135,500 135,500 ai 135,500 O A. Dr. Income Summary Cr. Preferred Dividend Expense Cr. Retained Earnings OB. Dr. Income Summary Cr. Retained Earnings O C. Dr. Retained Earnings Cr. Preferred Dividend Payable Cr. Income Summary OD. Dr. Retained Earnings Cr. Income Summary 215.500 80,000 135,500 135,5001 135,500