Presented below is income statement and dividend information of Yoda's Jedi Training Corporation for the year ended December 31, 2021 Sales revenue Salaries expense Dividend revenue Miscellaneous expense Loss on sale of investments Dividends $776,000 cost of goods sold 103,000 Insurance expense 4,380 Depreciation expense 25,000 Administrative expense 9,300 Rent expense 18,000 $420,000 33,000 31,080 48,000 23,000 Required: Prepare the necessary closing entries at December 31, 2021 If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 3 Record the entry to close the revenue accounts. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2021 Record entry Clear entry View general Journal