Rockwell RV Center's accounting records include the following accounts at December 31,2024 Eite (Click the icon to view the accounts and batances.) Requirements 1. Journalize the required dosing entries for Rochwoll 2. Determine the ending balance in the Rotained Earrings account. Requirement 1. Joumalize the required closing entries for Rockwoll. (Recoid debits first, then credis. Select the explanation on the last line of the journal entiy table ). Start by dosing the tevenue accounts for the period. Do not close expenses; we will do this in the next stop: Priet + tue tal Close Income Summary Requirement 2. Determine the ending balance in the Retained Earnings account. The ending balance in the Retained Eamings account ot December 31, 2024 is \begin{tabular}{lrlr} \hline Cost of Goods Sold & $374,000 & Accumulated Depreciation-Building & $44,000 \\ Accounts Payable & 18,000 & Cash & 55,000 \\ Rent Expense & 24,000 & Sales Revenue & 665,000 \\ Building & 118,000 & Depreciation Expense-Building & 8,000 \\ Common Stock & 122,000 & Dividends & 54,000 \\ Retained Earnings & 42,700 & Interest Revenue & 5,000 \\ Merchandise Inventory & 240,000 & Refunds Payable & 4,500 \\ Estimated Returns Inventory & 1,100 & Sales Discounts Forfeited & 1,900 \\ Notes Receivable & 28,000 & Delivery Expense & 1,000 \\ \hline \end{tabular}