Presented below Is Income statement Information of the Schefter Corporation for the year ended December 31, 2021. Sales revenue Salarien expense Interest revenue Advertining expenne Gain on sale of investments Cost of goods sold Insurance expense Interest expense Income tax expense Depreciation expense $424,000 57,500 4,600 8.750 5.900 233,200 9,350 2,800 24,500 13,000 Required: Prepare the necessary closing entries at December 31, 2021. (f.no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Vlow transaction list Journal entry worksheet