Problem 2 The adjusted trial balance for Tara Marie Corporation on December 31, 2023 is presented below: Cash Accounts receivable Prepaid rent Debit $11,800 Credit 163,000 6,300 Inventory 38,000 Equipment 430,000 Accumulated depreciation-equipment $138,000 Accounts payable 43,000 Notes payable-due in three months 58,000 Salaries payable 5,300 Interest payable 16,800 Common stock 200,000 Retained earnings 44,100 Dividends 20,000 Sales revenue 720,000 Costs of goods sold 345,000 Salaries expense 133,000 Rent expense 28,000 Depreciation expense 43,000 Interest expense 3,300 Advertising expense 3,800 Totals $1,225,200 $1,225,200 Required: Prepare the closing entries for the year ending December 31, 2023.