Requirement 2. The following T-accounts have been set up: Income Summary, Retained Eamings, and Dividends. Post the closing entries to the T-accounts and calculate their ending balances Use "Clos." and the corresponding number as shown in the journal entry as posting references-"Clos (1)", "Clos.(2)", etc. The adjusted balance of each account has been entered for you. For any accounts with a zero balance after closing, enter a "0" on the normal side of the account. For Income Summary, calculate and enter the balance ("Bal.") before posting the entry to close out the account. Post the entry to close Income Summary account on the line after the balance prior to closing the third line) and then show the post-closing balance ("Bal.") on the last (fourth) line of the account. Review the closing journal entries you prepared above Retained Earnings Income Summary Dividends 45,000 Adj. Bal. 3,500 Adj. Bal Data Table 18, follows: 's a per e adjus 6,500 42,700 ividends Equipment 14,100 9,300 1,200 entries to th ing T-acq ces. ponding any accou ting the ne post-cle Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Selling Expense Administrative Expense 8,500 10,000 3,500 usted balance Summary, ca the balance entries y 45,000 232,000 92,800 26,800 14,000 2,200 Interest Expense 278,600 $ Total 278,600 enter any