The year-end adjusted trial balance of the Corporation included the following account balances: Retained earnings $300,000 Service revenue 550,000 Salaries expense 300,000 Rent expense 40,000 Interest expense 10,000 Dividends 45,000 Prepare the closing entries to Income Summary and Retained Earnings. 34. $ 35. $ In preparing the CLOSING ENTRIES for the temporary accounts, how much should Retained Earnings be credited? In preparing the CLOSING ENTRIES for the temporary accounts, how much should Retained Earnings be debited (total amount of the debits)?