Item 2Item 2 On December 31, 2018, Ditka Inc. had Retained Earnings of $273,800 before its closing entries were prepared and posted. During 2018, the company had service revenue of $174,100 and interest revenue of $84,300. The company used supplies in the amount of $90,900, advertising expenses were $17,000, salaries and wages totaled $19,200, and income tax expense was calculated as $14,900. During the year, the company declared and paid dividends of $6,600. Required: Prepare the closing entries dated December 31, 2018. Prepare T-account for the Retained Earnings account. Enter the beginning balance into the T-account, post the closing entries, and then determine the ending balance.