The income statement for the month of June, 2016 of Snap Shot, Inc. contains the following information: Revenues $7,300 Expenses: Salaries and Wages Expense $3,000 Rent Expense 1,300 Advertising Expense 200 Supplies Expense Insurance Expense 100 Total expenses 5,300 Net income $2,000 700 After the revenue and expense accounts have been closed, the balance in Income Summary will be Select one: a. a credit balance of $7,300. b. a debit balance of $7,300. c. a debit balance of $2,000. d. a credit balance of $2,000