I need help with the final step of Closing Journal Entries, please. Thank you very much!!

Below are the Transactions, Journal Entries, T-Accounts, Adjusted Trial Balance, Income Statement, Statement of Changes in Stockholders' Equity, and Balance Sheet that I have completed and need help with Closing Entries (the last image).

Thank you very much!!

Valley Jet Engines, Inc. began operations in January of this year. For the year, the company had the following transactions: Transactions Journal Entries \begin{tabular}{ll|ll} Cash & & Disc. On & Bonapayable \\ \hline Jan.1 880,000 & 120 \end{tabular} 80,000Dec.31Acc.Depreciation-Equip. 1,000,000Jan.1CSDec.31100,000|DividendExp. 1280,000Jan.1APIC-CSACC1100,000Dec.31DividendPayable Insurance expense Dec. 31 60,000| Prepaid insurance Service Rev. 300,000 Mar.1 Adjusted Trial Balance Inceme Statement Statement of Changes in Stockholders' Equity Balance Sheet Valley Jet Engines, Inc. Closing Entries Required: Using the information from your adjusted trial balance in the previous question, prepare the appropriate closing entries as of December 31. In each journal entry, the debit(s) should come first. You may copy the following format into the answer area and type your own entries, upload an Excel or Word file or upload a picture of handwritten entries. Handwritten journal entry example: Typed journal entry example: Note that some entries may have more than one debit or more than one credit