Q$3$: The following information is from the Income Statement of Happy's Halloween Pop$-$up Rental Shop for the year ending October $31,2022$:

Salaries and Wages Expense.

$3,000$ Rent Expense

$1,400$

Miscellaneous Expense $300$

Service Revenue. $9,500$

Depreciation Expense. $2,100$

This is Happy's first year in business. Happy's distributed dividends of $$2,500$ during the period. Prepare closing entries at December $31,2022.(30$ points$)$