The adjusted trial balance for Benson Company at December 31, 2024 is presented below: Accounts Debit Credit Cash $ 12,000 Accounts receivable Prepaid rent Supplies 167,000 6,000 35,000 Equipment 340,000 Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable - due in two years. Common stock Retained earnings Dividends Service revenue Salaries expense Advertising expense Rent expense $ 134,000 11,000 3,400 1,300 23,000 186,000 72,000 18,000 36,000 2,000 37,000 $ 934,000 934,000 Prepare the closing entries for Benson Company for the year ended December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Depreciation expense Interest expense Utilities expense Totals 24,000 180,000 140,300 440,000