DB 3.6-Closing Entries Serena Corp. has year-end account balances as follows: Sales Interest Revenue Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Advertising Expense Utilities Expense Insurance Expense Income Tax Expense Dividends $808,900 13,500 556,200 100,000 30,000 25,000 15,000 14,000 40,100 18,900 Required: Prepare closing entries in proper journal entry form) for Serena Corp. on December 31st. (Note: Our textbook discuss closing entries and provides examples on p. 31-32 of Chapter 3.)