The income statement for the month of June, 2020 of Cullumber Inc. contains the following information:

Revenues		$6770
Expenses:
Salaries and Wages Expense	$3010
Rent Expense	1460
Advertising Expense	760
Supplies Expense	310
Insurance Expense	100
Total expenses		5640
Net income		$1130

After the revenue and expense accounts have been closed, the balance in Income Summary will be

a debit balance of $1130.

a credit balance of $6770.

a debit balance of $6770.

a credit balance of $1130.