Record closing of credit balances in temporary accounts. Record closing of debit balances in temporary accounts. Record closing of income summary account. Record closing of dividends account. Dividends $33,000$ Sales $529,000$Sales returns and allowances $17,500$ Sales discounts $5,000$ Cost of goods sold $213,300$Sales salaries expense $49,700$ Utilities expense $15,000$ Selling expenses $39,000$Administrative expenses $105,000$