On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended March 31 for Collines Manufacturing Center a. Journalize the four closing entries. and b. What is the balance in Retained Earnings after the closing process. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Capital Stock Dividends Fees Earned Salary Expense Rent Expense Depreciation Expense Supplies Expense Miscellaneous Expense $ 45,000 45,200 5,000 169,900 32,000 12,500 71,600 47,000 665000 350,500 68,000 35,000 11,500 4,000 $781,100 $781,100