The items that follow appeared in the Income Statement columns of the work sheet prepared for The Sweet Shoppe at year-end. Also, the owner's withdrawal account was debited for $15,000 during the year ended December 31. Prepare closing journal entries for the business. Income Statement Revenue from services $107,000 Office salaries expense $25,000 Rent expense 12,500 Insurance expense 1,900 Office supplies expense 1000 Amortization expense, office 3.400 equipment $43,800 $107,000 Net income 63.200 $107,000 $107,000 Include the following in each journal entry: Date Account Title and Explanation Debit Credit