The income statement for the year 2018 of Shamrock Co. contains the following information:

The income statement for the year 2018 of Shamrock Co. contains the following information: $69000 Revenues Expenses: Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Utilities Expense Insurance Expense Total expenses Net income (loss) $47200 11800 10200 5500 2300 1800 78800 $(9800) After all closing entries have been posted, the Income Summary account will have a balance of O $0. O $9800 debit. O $9800 credit. O $78800 credit