Presented below is information related to Cullumber Co. owned by D. Williams, for the month of January 2024. Ending inventory per perpetual records $21,500 Rent expense $19,200 Ending inventory actually on hand 19.000 Salaries expense 56.200 Cost of goods sold 206,000 Sales discounts 9,400 Delivery expense 8,000 Sales returns and allowances 13.100 Insurance expense 11,300 Sales 386,000 Prepare the necessary closing entries. D. Williams did not withdraw any cash during the month of January.