OB].2 EX 4-16 Closing entries with net income After all revenue and expense accounts have been closed at the end of the fiscal year, Income Summary has a debit of $798,400 and a credit of $955,300. At the same date, Retained Earnings has a credit balance of $1,439,000, and Dividends has a balance of $36,000. (a) Journalize the entries required to complete the closing of the accounts. (b) Determine the amount of Retained Earnings at the end of the period