The following information is from the Income Statement of Pronghorns Halloween Pop-up Rental Shop for the year ending October 31, 2022:

Service Revenue				$9,500
Expenses
Salaries and Wages expense		$2,940
Rent Expense		1,260
Depreciation Expense		1,722
Miscellaneous Expense		324
Total expenses				6,246
Net Income				$3,254

This is Pronghorns first year in business. Pronghorns distributed dividends of $2,350 during the period. Prepare closing entries at December 31, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

No.	Account Titles and Explanation	Debit	Credit
1.	enter an account title to close revenue accounts	enter a debit amount	enter a credit amount
	enter an account title to close revenue accounts	enter a debit amount	enter a credit amount
2.	enter an account title to close expense accounts	enter a debit amount	enter a credit amount
	enter an account title to close expense accounts	enter a debit amount	enter a credit amount
	enter an account title to close expense accounts	enter a debit amount	enter a credit amount
	enter an account title to close expense accounts	enter a debit amount	enter a credit amount
	enter an account title to close expense accounts	enter a debit amount	enter a credit amount
3.	enter an account title to close net income / (loss)	enter a debit amount	enter a credit amount
	enter an account title to close net income / (loss)	enter a debit amount	enter a credit amount
4.	enter an account title to close dividends account	enter a debit amount	enter a credit amount
	enter an account title to close dividends account	enter a debit amount	enter a credit amount