Required information [The following information applies to the questions displayed below] Assume for each of the following independent cases that the annual accounting period ends on December 31 . Revenues for the year were $144,000. Expenses for the year were $164,000. Case A: Assume that RiseUp Company is a sole proprietorship owned by Mrs, Rise. Prior to the closing entries, the capital account reflects a balance of $52,000 and the drawing account shows a balance of $9.000, Cose B: Assume that RiseUp Company is a partnership owned by Mrs. Rise and Mr. Up. Prior to the closing entries, the owners' equity accounts reflect the following balances: Rise, Capital, $43,000; Up. Capital, $43,000; Rise, Drawings. $5,000; and Up. Drawings, $7,000. Profits and losses are divided equally. Case C: Assume that RiseUp Company is a corporation. 'equired: Provide all the closing entries required at December 31 for each of the separate cases. lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleid. 1. Provide all the closing entries required at December 31 for each of the sepalde cases. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field