On December 31, 2022, Ditka Incorporated had Retained Earnings of $277,800 before its closing entries were prepared and posted. During 2022, the company had service revenue of $178,100 and interest revenue of $86,300. The company used supplies in the amount of $92,900, advertising expenses were $17,400, salaries and wages totaled $19,800, and income tax expense was calculated as $15,700. During the year, the company declared and paid dividends of $7,000. Required: a. Prepare the closing entries dated December 31, 2022. b. Enter the beginning balance into the following T-account for Retained Earnings and post the closing entries. Complete this question by entering your answers in the tabs below. Prepare the closing entries dated December 31, 2022. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 1 Record the entry for closing the revenue and expense accounts. 2 Record the entry for closing dividend account. Note : = journal entry has been entered