On December 31, 2016, the ledger of Hernandez Company contained the following account balances: Cash $ 33,000 Maria Hernandez, Drawing $ 26,000 Accounts Receivable 2,900 Fees Income 53,750 Supplies 2,100 Depreciation Expense 2,750 Equipment 26,000 Salaries Expense 17,000 Accumulated Depreciation 15,000 Supplies Expense 3,000 Accounts Payable 3,000 Telephone Expense 2,600 Maria Hernandez, Capital 48,250 Utilities Expense 4,650 Prepare the closing entries for the above transactions