Use the following to answer questions 34-36 The year-end adjusted trial balance of the Corporation included the following account balances: Retained earnings $500,000 Service revenue 874,000 Salaries expense 525,000 Rent expense 32,000 Interest expense 15,000 Dividends 250,000 Prepare the closing entries. 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? 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 $30,000 Accounts Receivable 40,000 Accumulated depreciation 210,000 Cash 50,000 Common stock 450,000 Depreciation expense 30,000 Dividends 60,000 Equipment 990,000 Deferred revenue 15,000 Notes payable 225,000 Rent expense 26,000 Retained earnings 114,000 Salaries expense 625,000 Service revenue 800,000 Supplies 5,000 Supplies expense 18,000 37. $ Total current assets 38. $ Book value of the equipment 39. $ Net income