Need help figuring out these accounting questions. Please help.

Big-Mouth Frog Corporation had revenues of $300,000, expenses of $200,000, and dividends of $45,000. When income Summary is closed to thetained Earnings, the amount of the debit or credit to Retained Earnings is a Select one: debit of $55,000. 3. debit of $100,000. . credit of 555,000 . 2. credit of $100,000. Fiag question in November and December 2018,ABC, Inc, a newly organized magazine publisher, received $55,000 for so0 three-year subscriptions at $10 per year, starting with the january 2019 issue. ABC. Inc. included the entire $55,000 in its 2018 tax return. What armount should ABC, Inc. report in its 2018 incorne statement for subscription revenue? Select one: 150 x. 54,583 $18,333 2. $55,000