Help Seve& Exit Submi Tiptoe Shoes had annusal revenues of $194,000, expenses of $108,200, and dividends of $21600 during the current year The retained earnings account before closing had a balance of $306,000. The entry to close the Income Summary account at the end of the year ater revenue and expense accounts have been closed, is Multiple Choice Debt Retained earnings $306,000 credit Income Summary $306,000 Debt Retsined earmings $64,200 credit Income Summary $64 3200 hcome Summary $04,200, credt Rentained eming $64 200 Debt income Summary $85,800 ced ned s $85800 29 of 30 Nxt