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The income statement for the month of June, 2018 of Marin Enterprises contains the following information: Revenues $7130 Expenses: Salaries and Wages Expense $2910 Rent

The income statement for the month of June, 2018 of Marin Enterprises contains the following information:

Revenues $7130
Expenses:
Salaries and Wages Expense $2910
Rent Expense 1490
Advertising Expense 750
Supplies Expense 280
Insurance Expense 110
Total expenses 5540
Net income $1590

The entry to close Income Summary to Retained Earnings includes

a debit to Revenues for $7130.

credits to Expenses totalling $5540.

a credit to Retained Earnings for $1590.

a credit to Income Summary for $1590.

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