On October 31, 2014, the balances on accounts appearing in the ledger of Aron interiors Company, a furniture wholesaler, are as follows: Accumulated Depr.Building $142,000 Administrative Expenses 300,000 Building 446,000 Capital Stock 75,000 Cash 60,000 Cost of Merchandise Sold 650,000 Dividends 25,000 Interest Expense 10,000 Merchandise Inventory 126,000 Notes Payable $ 125,000 Retained Earnings 105,000 Sales 1,375,000 Sales Discounts 20,000 Sales Returns and Allow. 13,000 Sales Tax Payable 3,000 Selling Expenses 140,000 Store Supplies 23,000 Store Supplies Expense 12,000

-Prepare the October 31, 2014, closing entries for Acorn Interiors Company.