The following information is from the Income Statement of the Dirt Poor Laundry Service: $6,500 Revenues Service Revenue Expenses Salaries and Wages expense Advertising expense Rent expense Supplies expense Insurance expense Total expenses Net Income $ 2,450 500 300 200 100 3.550 $2.950 The entry to close the Income Summary includes a: 1) credit to Income Summary for $2,950. 2) debit to Income Summary for $2,950. 3) debit to Retained Earnings for $2,950. 4) credit to Common Stock for $2,950