Only the retained earnings part needs to be answered.

The year-era trlal balance of the Tlmmong Tool Era Corporatlon Included the follovvlng eccount balances: earnlngg. 5290000: dlvldendG. 340.000, gales revenue. 5930.000: cog: of goods gold, zlarleg expense, 380.000: rent expense. S43.OOQ Interest expense. 529000. Prepare the necessary cloglng entrlee (If no entry Is required for a transactlon/event. select "No Journal entry required" In the first account field.) Ccst cf 20.000.9