Revenues Sales revenue $45,580 Interest revenue 3,440 Total revenues $49,020 Expenses Cost of goods sold 25,800 Salaries and wages expense 15,480 Interest expense 1,290 Total expenses 42,570 Net Income $6,450 Prepare the entries to close the revenue and expense accounts at December 31, 2020. (List all debit entries before credit entries. C account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue.) Dec. 31