Murphy Company had the following adjusted trial balance: Account Titles Debit Credit Cash Accounts Receivable $23,620 16,280 8,780 41,800 Supplies Equipment Accumulated Depreciation Accounts Payable $8,800 4,050 Deferred Rent Revenue 2,160 Capital Stock 34,470 Retained Earnings 22,500 Dividends 16,300 Commission Revenue 49,800 Rent Revenue 7,400 Depreciation Expense 7,900 8,700 Utilities Expense Supplies Expense 5,800 Total $129,180 $129,180 BA $ 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? $0) What is the balance in the depreciation expense account? $ 0