The following items appeared in the Income Statement columns of the worksheet prepared for Armstrong Delivery Service at current year-end. In addition, L. Armstrong. Capital had a credit balance of $327,000 and L. Armstrong, Withdrawals had a debit balance of $35,000 at year end (December 31, 2015). Prepare (a) closing journal entries for this company and, (b) compute the balance in the L. Armstrong, Capital Account. Income Statement DR. CR. $93,10o Service Revenue Delivery Revenue Utilites Expense Office Salaries Expense Office Supplies Expense Depreciation Expense - Equipment Rent Expense 58,600 s 15,250 71,300 2,750 5,000 48,0OO $ 142,300 151,700 Net Income Total 9,400 S 151.7OO 151.700