The following is information from Crystal Company's adjusted trial balance at December 31, 2021: Debit Credit Cash $76,000 Notes receivable 100,000 Merchandise inventory 70,000 Equipment 431,700 Accumulated depreciation-equipment $129,510 Unearned revenue 7.700 Notes payable 193,960 L. Crystal, capital 235,000 L. Crystal, drawings 157.000 Interest revenue 12,000 Rent revenue 23,000 Sales 1.970,000 Interest revenue Rent revenue 23,000 Sales 1,970,000 Advertising expense 53,000 Cost of goods sold 850,000 Depreciation expense 43,170 Freight out 24,000 Insurance expense 16,000 Interest expense 10,800 Salaries expense 670,000 Sales discounts 9,500 Sales returns and allowances 60,000 $2,571,170 $2,571,170 Date Credit Debit Account Titles and Explanation Dec. 31 v (To close income statement accounts with credit balances.) Dec. 31 > >> C. > (To close income statement accounts with debit balances.) Dec. 31 (To close Income Summary account.) Dec. 31 (To close drawings.)