The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of Accounts receivable December 31, Year 2 $ 12,450 6,200 3,150 Accounts payable Salaries payable Cash 36,750 Dividends 2,000 Operating expense 35,300 Prepaid rent 1,200 Rent expense 8,400 Retained earnings, Beginning 41,250 Salaries expense 14,500 Service revenue 65,400 Supplies Supplies expense Common stock Unearned revenue Land 650 3,150 7,000 6,400 15,000 Required a. Prepare the journal entries necessary to close the temporary accounts at December 31, Year 2, for Zone Health Club. b. What is the balance in the Retained Earnings account after the closing entries are posted?