The ledger of Crane Company contains the following balances: Owner's Capital $28,900, Owner's Drawings $1,700, Service Revenue $48,000, Salaries and Wages Expense $27,100, and Supplies Expense $6,200. The closing entries are as follows: (1) Close revenue accounts. (2) Close expense accounts. (3) Close net income/loss). (4) Close drawings. Enter the balances in T-accounts, post the closing entries in the order presented in the problem and use the numbers as a reference. Salaries and Wages Expense 27100 (2) 27100 Supplies Expense 6200 (2) 6200 Service Revenue (1) 48000 48000 Owner's Drawings 1700 (4) 1700 Income Summary (3) 3 (3) Owner's Capital 1700 Bal. Bal