Use the following to answer questions 3436 The vear-end adjusted trial balance of the Corporation included the following account balances: Retained earnings Service revenue Salaries expense Rent expense Interest expense Dividends $420,000 754,000 550,000 20,000 25,000 125,000 Prepare the closing entries. 34. S In preparing the closing entries for the temporary accounts, how much should Retained earnings be credited? 35. $ In preparing the closing entries for the temporary accounts, how much should Retained eamings be debited? 36. $ After closing the accounts, what is the ending balance in Retained Earnings? Use the following for questions 37-39 The company has provided their accounts in alphabetical order. Use these accounts to answer the following questions. Accounts payable. Accounts Receivable Accumulated depreciation Cash Common stock Depreciation expense Dividends: Equipment Deferted revenue Notes payahlo Rent expense Retained earnings Salaries expense Service revenue Supplies Supplies expense $25,000 30,000 150,000 24,000 400,000 25,000 60,000 850,000 5,000 150,000 12,000 121,000 540,000 700,000 1,000 9,000 37.5 Total current assets 38. $ Book value of the equipment. 39. 5 Net income