Presented below is information related to Coronado Corporation for the month of January 2025. Cost of goods sold $221,450 Salaries and wages expense $62,960 Delivery expense 6,300 Sales discounts 8,320 Insurance expense 11,900 Sales returns and allowances 12,540 Rent expense 18,370 Sales revenue 364,700 Prepare the necessary closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Jan. 31 Jan. 31 (To close revenue accounts) Jan. 31 (To close expense accounts) (To close net income/(loss)) Debit Credit