The income statement for Regina Cleaning Services Ltd for the year ended November 30 shows Service Revenue $128.300, Salaries Expense $81.200 Repairs and Maintenance Expense $16,000; Supplies Expense $6,100; Utilities Expense $2,300; and Income Tax Expense $5,700. The statement of changes in equity shows an opening balance for Retained Earnings of $50,000 and Dividends Declared $11.700 a) Calculate the net income or loss for the year. Net Income/loss Prepare the closing journal entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Nov. 30 (To close revenue account.) 30 (To close expense accounts.) 30 close net income) ng entries, and determine the ending balances.(CE means closing entry) (Post entries in the order of journal entries presented in the previous question.) Service Revenue Nov 30 Bal. 128,300 Salaries Expense 81,200 Nov 30 Bal. Supplies Expense Nov 30 Bal. 6,100 Utilities Expense Nov 30 Bal. 2,300 Repairs and Maintenance Expense 16,000 Nov 30 Bal. Income Tax Expense 5,700 Nov 30 Bal. Dividends Declared 11,700 Nov 30 Bal. Dividends Declared Nov 30 Bal. 11,700 Income Summary Retained Earnings 50,000 Nov 1