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The Income Summary and Linda Carter, Capital accounts for Carter Production Company at the end of its accounting period follow. Income Summary Account No. 399

The Income Summary and Linda Carter, Capital accounts for Carter Production Company at the end of its accounting period follow.

Income Summary Account No. 399
Balance
Date Description Debit Credit Debit Credit
2019
Dec. 31 Closing 66,800 66,800
31 Closing 35,800 31,000
31 Closing 31,000 0

Linda Carter, Capital Account No. 301
Balance
Date Description Debit Credit Debit Credit
2019
Dec. 1 119,000 119,000
31 Closing 31,000 150,000
31 Closing 10,900 139,100

Enter the following amounts.

1. Total Revenue for the period is

2. Total Expenses for the period are

3. Net Income for the period is

4. Owner's withdrawls for the period are

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