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show step by step work Question 34 1 pts A company has the following account balances. They are now doing their closing entries. This company

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Question 34 1 pts A company has the following account balances. They are now doing their closing entries. This company uses an income summary account to close the accounts, then income summary gets closed into retained earnings. After the closing process is complete, what is the balance of ending retained earnings? (you should assume that the balances given are the "normal" balances for the account - as far as whether the amount listed is a debitor credit). Supplies Expense 2,419 Service Revenue 58.534 Accounts Payable 9.979 Salaries Expense 10.587 Dividends 1,017 Equipment 52.214 Accumulated Depreciation 21.126 Depreciation Expense 3.852 Retained Earnings 115.264

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