i Data Table Cost of services sold 14,000 Service revenue..... $ $ 32,300 3 Accumulated depreciation ... Depreciation expense... 41,600 4,200 Selling, general, and Other revenue 500 administrative expenses Dividends declared ... 6,000 800 Retained earnings, Income tax expense 800 .. December 31, 2017 Income tax payable 2,400 400 ut th Now close out the dividend account. Journal Entry Date Accounts Debit Credit (3) Dec 31