what is the balance in the income summary account prior to closing net income or loss to the retained earnings account?

is-Question: 6 pbs Martinville, Inc. eamed revenues of $14.000 and incurred expenses of $B.500. The company declared and paid cash dividends of $1,000. What is the OA. credit balance of $14.000 O B. credit balance of $5.500 O C debit balance of $4,500 O D. debit balance of $5.500