The following is a list of the accounts and balances at December 31, 2021, for Meilleur Merchants. The list of accounts is in alphabetical order. All accounts have normal balances. Meilleur uses a perpetual inventory system and the earnings approach for revenue recognition. Account 1 Accounts payable 2 Accounts receivable 3 Accumulated depreciation-building 4 Accumulated depreciation equipment 5 Advertising expense 6 Building 7 S. Meilleur, capital 8 S. Meilleur, drawings 9 Cash 10 Cost of goods sold 11 Depreciation expense 12 Equipment 13 Freight out 14 Insurance expense 15 Interest expense 16 Interest revenue 17 Land 18 Merchandise inventory 19 Mortgage payable 20 Prepaid insurance 21 Property tax expense 22 Property taxes payable 23 Rent revenue 24 Salaries expense 25 Salaries payable 26 Sales 27 Sales discounts 28 Sales returns and allowances 29 Unearned revenue 30 Utilities expense Balance Dec. 31 $15,000 30,000 15,500 10,000 4,110 84,600 75,000 28,300 4,540 234,600 6,220 24,500 631 1,560 2,250 953 12,000 105,600 57,600 2,100 1,520 600 1,440 43,100 650 419,300 15,900 18,300 23,000 2,205 Prepare closing entries for Meilleur Merchants at December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent man required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Sales Cost of Goods Sold (To close income statement accounts with credit balances.) Dec. 31 (To close income statement accounts with debit balances.) Dec. 31 (To close Income Summary.) Dec. 31 Dec. 31 (To close income statement accounts with debit balances.) Dec. 31 (To close Income Summary.) Dec. 31 (To close drawings.)