The income statement for the month of June, 2021 of Teal Enterprises contains the following information: $6820 Revenues Expenses Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense Total expenses Net income $2890 1490 730 310 90 5510 $1310 The entry to close Income Summary to Retained Earnings includes O a credit to Retained Earnings for $1310 O credits to Expenses totalling $5510 a debit to Revenues for $6820 O a credit to Income Summary for $1310