The ledger of Ivanhoe Company contains the following balances: Owner's Capital $28,900, Owner's Drawings $2,500, Service Revenue $52,000, Salaries and Wages Expense $27,100, and Supplies Expense $6,300. Prepare the closing entries at December 31. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Debit Credit Date Account Titles and Explanation Dec. 31 Service Revenue 52,000 $2,000 Dec. 31 33,400 27.100 Income Summary (To close revenue account) Income Summary Salaries and Wages Expense Supplies Expense (To close expense accounts) Income Summary 6,300 Dec. 31 Owner's Capital (To close net income / Closs)) Owner's Capital Dec. 31 2,500 Owner's Drawings 2.500 Torna dannel