The following items appeared on December 31 Excel work sheet. Based on the following information, what is profit for the year? Tip: Post the Adjut scorss eachlie. dederimine whot odguted revenue expures are calculate the porfit. $1,725 $1,855 $1,905 $4,125 $4,670 Pivot Dance School, a sole proprietorship, has a loss of $12,000 for its year ended December 31st. Which of the following is cor closing process and the income summary account