Journalize the closing entries. If an amount box does not require an entry, leave it blank

Closing entries with net income Automation Technology Services offers its services to companies desiring to use technology to improve their operations. After the accounts have been adjusted at December 31, the end of the fiscal year, the following balances were taken from the ledger of Automation Technology Services: 140,000 320,000 Fees Earned J. M. Hale, Capital J. M. Hale, Drawing Rent Expense Supplies Expense Wages Expense Miscellaneous Expense $614,500 45,000 18,200 8,700 Journalize the closing entries. If an amount box does not require an entry, leave it blank.