Please help! what would the retained earnings be on the balance sheet and what would the recorded entries be to close the revenue and expense accounts? Will thumbs up!

Required information On January 1, 2024, the general ledger of Big Blast Fireworks includes the following account balances: The $46,000 beginning balance of inventory consists of 460 units, each costing $100. During January 2024, Big Blast Fireworks had the following inventory transactions: anuary 3 Purchase 1,450 units for $158,050 on account ( $109 each). January 8 purchase 1,550 units for $176,700 on account ( $114 each). January 12 Purchase 1,650 unt ts for $196,350 on account (\$119 each). Janvary 15 Return 180 of the units purchased on Janusry 12 because of defects. January 19 Sel1 4 , Bee units on account for $720, eoe. The cost of the units sold is deternined using a fifo perpetual inventory system. January 22 lecelve 3705 , 000 fron custoeers on accounts recelvable. January 24 Pay 5500 , 800 to imventory suppliers on accounts payable. Jamary 27 write off iccounts receivable as uncollectible, $2,5eo. January 31 pay cash for salarles during zanuary, 5135,000 . The following information is avallable on january 31,2024 a. At the end of January, the company estimates that the remaining units of inventory purchased on Januaty 12 are expected to sell in February for only $100 each. [Hint. Determine the number of units remaining from January 12 after subtracting the units returned on January 15 and the units assumed sold (Fif O) on January 19.] b. The company records an adjusting entry for $3.530 for estimated future uncollectible accounts c. The company accrues interest on notes payable for January. Interest is expected to be paid each December 31 . d. The company accrues income taxes at the end of January of $13,900 Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. BIG BLAST FIREWORKS Classified Balance Sheet January 31,2024