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The following adjusted trial balance at December 31 of Wilson Trucking Company.

Account Title	Debit	Credit
Cash	$ 8,200
Accounts receivable	17,700
Office supplies	3,200
Trucks	174,000
Accumulated depreciationTrucks		$ 36,200
Land	87,000
Accounts payable		12,600
Interest payable		4,200
Long-term notes payable		59,000
K. Wilson, Capital		172,000
K. Wilson, Withdrawals	20,200
Trucking revenue		132,000
Depreciation expenseTrucks	23,700
Salaries expense	61,600
Office supplies expense	8,200
Interest expense	12,200
Totals	$ 416,000	$ 416,000

Exercise 4-12 (Algo) Preparing closing entries LO P2

Prepare the closing entries for the year ended December 31.