Question 5 of 20 Page 5 of 20 Question 5 (1 point) The J. Dawson, Capital account has a credit balance of $1,200 before closing entries are made. If total revenues for the year are $65,200, total expenses $49,800, and withdrawals are $2,400, what is the ending balance in the J. Dawson, Capital account after all closing entries have been made? b 55,200 57,600 514200 $16,600