For the year ended December 31, a company has revenues of $337,000 and expenses of $206,000. The owner withdrew $58,000 during the year. The balance in the owner's capital account before closing is $101,000. Which of the following entries would be used to close the withdrawal account? ! o Debit Income Summary $1.000, credit Owner's Withdrawals $101.000. o () Debit Owner's Capital $101,000, credit Income Summary $101,000. o Debit Owner's Withdrawals $58,000 credit Owner's Capital $58,000. c Debit Income Summary $58.000: credit Owner's. Capital $58.000 Prev 2 of 24 Next >