Jenkins Company had the following adjusted trial balance:

Additional Resources

	Account Titles		Debit			Credit
	Cash		$25,300
	Accounts Receivable		19,230
	Supplies		8,730
	Equipment		43,900
	Accumulated Depreciation					$8,400
	Accounts Payable					4,700
	Deferred Rent Revenue					1,740
	Capital Stock					29,420
	Retained Earnings					20,900
	Dividends		13,300
	Commission Revenue					58,900
	Rent Revenue					5,800
	Depreciation Expense		5,300
	Utilities Expense		8,500
	Supplies Expense		5,600
	Total		$129,860			$129,860

The president of Jenkins Company has asked you to close the books (prepare and process the closing entries).

Required:

After the closing process has been completed, answer the following questions:

During the closing process, what amount was transferred from the income summary account to the Retained Earnings account in the third closing entry (i.e., after revenue and expense accounts have been closed to Income Summary)?		$
What is the balance in the Retained Earnings account?		$
What is the balance in the supplies expense account?		$