Prepare the closing entries and prepare the t-account for the retained earnings account

On December 31, 2016, Ditka Inc. had Retained Earnings of $279,800 before its closing entries were prepared and posted. During 2016, the company had service revenue of $180,100 and interest revenue of company used supplies in the amount of s93,900, advertising expenses were $17,600, salaries and wages totaled $20,100, and income tax expense was calculated as $16.100. During the year, the company declared and paid dividends of $7,200. Required: a. Prepare the closing entries dated December 31, 2016. (f no entry is required for a transaction/event, select Required" in the first account field.)