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Green Valley Company prepared the following trial balance at the end of its first year of operations ending December 31 . To simplify the case, the amounts given are in thousands of dollars. Other data not yet recorded at December 31 include a. Insurance expired during the current year, $6. b. Wages payable, $7. c. Depreciation expense for the current year, $9. d. Income tax expense, $10. Requlred: 2. Using the adjusted balances, prepare the closing entry for the current year. Note: if no entry ls requlred for a transactlon/event, select "No journal entry requlred" In the first account field. Enter your answers In thousands. Journal entry worksheet Record the closing entry for current year. Note: Enter debits before credits