Use this end-of-period spreadsheet to answer the question that follow. Finley Company End-of-Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 48,000 48,000 Accounts Receivable 18,000 18,000 Supplies 6,000 6,000 Equipment 57,000 57,000 Accumulated Depr. 18,000 18,000 Accounts Payable 25,000 25,000 Wages Payable 6,000 6,000 Common Stock 30,000 30,000 Retained Earnings 3,000 3,000 Dividends 3,000 3,000 Fees Earned 155,000 155,000 Wages Expense 63,000 63,000 Rent Expense 27,000 27,000 Depreciation Expense 15,000 15,000 237,000 237,000 Net income 105,000 155,000 132,000 50,000 82,000 50,000 155,000 155,000 132,000 132,000 The effect of closing revenues and expenses to Retained Earnings will be to Oa. decrease Retained Earnings by $237,000 Ob. increase Retained Earnings by $237,000 Oc. decrease Retained Earnings by $50,000 Od. increase Retained Earnings by $50,000