please correct me if any are wrong and fill in the blank ones

The adjusted trial balance of Ambrose Corporation at December 31 shows that sales revenue for the year was $535,000 and other revenue was $41,000. Cost of goods sold for that same period was $260,000, while other expenses totaled $195,000. The corporation declared and paid dividends of $16,000 during the year. The balance of retained earnings before closing entries was $490,000 Read the requirements Read the requirements 1. Prepare the closing entries for revenues, expenses, and dividends for the year. (Record debit Begin by recording the entry to close out the revenue accounts. Journal Entry Date Accounts Debit Credit Dec 31 Sales Revenue $535000 Other Revenue $41000 Close out the expense accounts. Choose from any list or enter any number in the input fields and then continue to the next qui Date Debit Credit Dec Journal Entry Accounts 31 Retained Earnings Cost of Goods Sold Other Expenses $260000 $195000 Close out the Dividends account. Close out the Dividends account. Debit Credit Date Dec Journal Entry Accounts 31 Retained Earnings Dividends $20000 2. What was net income for the year? Select the formula and enter the amounts to determine net income for the vear. Select the formula and enter the amounts to determine net income for the year Total Revenue - Total Expenses Net Income 3. What is the ending balance of retained earnings after the closing entries are posted? Select the formula and enter the amounts to determine the ending balance of retained earnings after the closing entries are posted. Ending Retained Earnings Beginning Retained Earnings Net Income Dividends - $16000 = Choose from any list or enter any number in the input fields and then continue to the next