The Items That Follow Appeared in the Income Statement Columns $\quad$

The items that follow appeared in the Income Statement columns of the work sheet prepared for Armstrong Delivery Service at current year-end.In addition,retained earnings had a credit balance of $117,000 and dividends had a debit balance of $30,000 at year-end.Prepare closing journal entries for this company.
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$\begin{array}{|l|r|r|}\hline& \mathrm{Dr} . & \mathrm{Cr} . \\\hline \text { Delivery revenue } & & \$ 98,900 \\\hline \text { Office salaries expense } & \$ 28,100 & \\\hline \text { Rent expense } & 14,400 & \\\hline \text { Insurance expense } & 1,200 & \\\hline \text { Office supplies expense } & 1,900 & \\\hline \text { Depreciation expense-Office equipment } & \underline{6,000} & \\\hline \text { Totals } & \$ 51,600 & \$ 98,900 \\\hline \text { Net income } & \underline{47,300} & \\\hline \text { Totals } & \$ 98,900 & \$ 98.900 \\\hline\end{array}$