The following adjusted trial balance contains the accounts and year-end balances of Cruz Company as of December 31.

No.	Account Title	Debit			Credit
101	Cash	$	18,000
126	Supplies		12,000
128	Prepaid insurance		2,000
167	Equipment		23,000
168	Accumulated depreciationEquipment				$	6,500
301	A. Cruz, Capital					44,400
302	A. Cruz, Withdrawals		6,000
404	Services revenue					44,000
612	Depreciation expenseEquipment		2,000
622	Salaries expense		25,652
637	Insurance expense		1,848
640	Rent expense		2,948
652	Supplies expense		1,452
	Totals	$	94,900		$	94,900

1. Prepare the December 31, closing entries for Cruz Company. Assume the account number for Income Summary is 901. 2. Prepare the December 31, post-closing trial balance for Cruz Company. Note: A. Cruz, Capital was $44,400 on December 31 of the prior year.