The following accounts relate to Blue Corporation: Cash Accounts receivable Building Accumulated Depreciation Intangible assets Other Assets Current Liabilities Long-term Liabilities Withdrawals Capital Commissions Revenue Rent Expense Insurance Expense REQUIRED: 50,000 25,000 99,000 10,000 45,000 10,000 18,000 5,000 1,000 67,000 98,000 39,000 60,000 Prepare the necessary closing entries based on the aforementioned information.