The following income statement pertains to Schumm Co as of 12/31/2009: Revenue 40,000 Operating Expenses: Wages Expense -17,000 Advertising Expense -3,000 Utilities Expense -5,500 Depreciation Expense -5,500 Other Expenses: Interest Expense -2,000 Net Income 7,000 Based on this income statement, what closing entries should Schumm Co record as of 12/31/2009 Account Debit