The following adjusted trial balance at December 31 of Wilson Trucking Company.Account TitleDebitCreditCash$ 8,200 Accounts receivable17,700 Office supplies3,200 Trucks174,000 Accumulated depreciationTrucks $ 36,200Land87,000 Accounts payable 12,600Interest payable 4,200Long-term notes payable 59,000Common stock 31,000Retained earnings 141,000Dividends20,200 Trucking revenue 132,000Depreciation expenseTrucks23,700 Salaries expense61,600 Office supplies expense8,200 Interest expense12,200 Totals$ 416,000$ 416,000Prepare the closing entries for the year ended December 31. The Retained Earnings account balance was $141,000 at December 31 of the prior year