Sarasota Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $31,000 Service Revenue $108,000 Supplies Expense 6,000 Salaries and Wages Expense 42,000 Accounts Receivable 17,000 Utilities Experse 9,000 Dividends 22,000 Rent Expense 14,000 Retained Earnings 68,000 Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)