The Income statement for the year 2021 of Monty Co. contains the following information: 570900 $45400 12500 Revenues Expenses Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Utilities Expense Insurance Expense 10100 6300 2300 2000 Total expenses 78600 Net Income (0) $17700) a After all closing entries have been posted, the income Summary account will have a balance of 578600 credit 57700 debit 57700 credit SO