Thomas Company had the following adjusted trial balance: Account Titles Credit Cash Accounts Receivable Debit $22,790 19,830 7.540 36,300 Supplies Equipment Accumulated Depreciation Accounts Payable Deferred Rent Revenue $9,800 3,780 2,020 24,060 24,800 Capital Stock Retained Earnings Dividends 16,000 Commission Revenue 52,600 6,000 Rent Revenue Depreciation Expense Utilities Expense Supplies Expense 6,300 9,300 5,000 S123,060 Total $123,060 The president of Thomas Company has asked you to close the books (prepare and process the closing entries). After the closing process has been completed, answer the following questions: What is the balance in the rent revenue account? During the closing process, what amount was transferred from the income summary account to the Retained Earnings account in the third dosing entry (i.e., after revenue and expense accounts have been closed to Income Summary)? $0 What is the balance in the Retained Earnings account