Following is the year-end adjusted trial balance for Yakimas Sporting Goods for the current year. Yakimas Sporting Goods Adjusted Trial Balance December 31, 2002 Debit Credit Cash $ 47,500 Accounts Receivable 46,000 Merchandise Inventory 50,000 Office Supplies 800 Accounts Payable $ 16,000 Salaries Payable 850 Yakima, Capital 113,130 Yakima, Withdrawals 12,500 Sales 500,000 Sales Returns & Allowances 4,500 Sales Discounts 4,250 Cost of Goods Sold 382,450 Sales Salaries Expense 44,000 Advertising Expense 8,150 Office Salaries Expense 24,325 Office Supplies Expense 450 Interest Expense 5,055 Totals $629,980 $620,980 Prepare the closing entries at December 31, 2002