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These partially completed Income Statement columns from a 10 column work sheet are for the Winston Sallem Boat Rental Company for the year ended December 31, 2020. The owner's name is Carl Winston Required: 1. Use the information to determine the amount that should be entered on the profit line of the work sheet WINSTON SAIL'EM BOAT RENTAL COMPANY Income Statement (partial) For The Year Ended December 31, 2020 Debit Credit Rent revenue $ 100 200 Salaries expense $ 35.500 Insurance expense 4.600 Dock rental expense 12 200 Boat supplies expense 6,420 Depreciation expense, boats 21.700 Totals Profit Totals 2. In addition, prepare closing entries for the company and the pre-closing balance of the withdrawals account is $18.200 View transaction list Journal entry worksheet