Selected year-end account balances from the adjusted trial balance as of December 31, 2017, for Indigo Corporation is provided below.

		Debit		Credit
Accounts Receivable		$65,340
Dividends		23,670
Depreciation Expense		11,880
Equipment		191,520
Salaries and Wages Expense		81,990
Accounts Payable				$47,700
Accumulated DepreciationEquipment				103,320
Unearned Rent Revenue				20,610
Service Revenue				165,420
Rent Revenue				5,580
Rent Expense		3,240
Retained Earnings				55,620
Supplies Expense		1,260

Prepare closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings Date Account Titles and Explanation Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income to retained earnings) Dec. 31 (To close dividends to retained earnings)