Shown below is a trial balance for Novelty Toys, Inc. on December 31, after adjusting entries: Novelty Toys, Inc. Trial Balance December 31 Cash $7750 Accounts Receivable 6,375 Office Equipment 11,250 Accumulated Depreciation $3,000 Accounts Payable 3,875 Capital Stock 11,250 Retained Earnings 0 Dividends 3,750 Fees Earned 22,750 Salaries Expense 8,000 Advertising Expense 1,625 Depreciation Expense 2.125 $40,875 $40,875 Income Summary will have what balance before it is closed? $11,000 Zero $7,250 $11,750 MacBook Shown below is a trial balance for Novelty Toys, Inc. on December 31, after adjusting entries Novelty Toys, Inc. Trial Balance December 31 Cash $7750 $3,000 Accounts Receivable 6,375 Office Equipment 11,250 Accumulated Depreciation Accounts Payable Capital Stock Retained Earnings Dividends 3,750 3,875 11,250 0 Fees Earned 22,750 Salaries Expense 8,000 Advertising Expense 1,625 Depreciation Expense 2,125 $40,875 $40,875 The total debits in the After Closing Trial Balance will equal: C$25,375 540,875 $18,125 $29,125