The president of Miller Company has asked you to close the books $($prepare and process the closing entries$).$

Required:

After the closing process has been completed, answer the following questions:

What is the balance in the commission revenue account?

During the closing process, what amount was transferred from the income summary account to the Retained Earnings account in the third closing entry $($i$.$e$.,$ after revenue and expense accounts have been closed to Income Summary$)?$

What is the balance in the Retained Earnings account?