1. The company's adjusted trial balance includes the following accounts balances: 
2. 
   
3. Cash, $15,000; 
4. Equipment. $85.000; 
5. Accumulated Depreciation, $25,000; 
6. Accounts Payable, $10,000; 
7. Retained earnings, $63,500,
8. Dividends, $2,000,
9. Sales,$56,000;
10. Sales Returns and Allowances, $3,000, 
11. Sales Discounts, $1,500, 
12. Depreciation Expense, $25,000; and 
13. Salaries Expense, $23,000. 
14. 
    
15. All accounts have normal balances. 
16. 
    
17. Prepare the  closing entries.
18.