The income statement for the month of June, 2016 of Snap Shot, Inc. contains the following information: Revenues Expenses: Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense Total expenses Net income $7,300 $3,000 1,300 700 200 100 5.300 $2.000 After the revenue and expense accounts have been closed, the balance in Income Summary will be Select one: O a. a debit balance of $2,000. b. a credit balance of $2,000. c. a credit balance of $7,300. d. a debit balance of $7,300