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Please close this information into "close "blank Account" to "Income Summary, and close Income Summary to Retained Earnings. Capri Company began the current period with a $$20,000$ credit balance in the Retained Earnings account. At the end of the period, the company$$s adjusted account balances include the following temporary accounts with normal balances. Services revenue $ $70,000$ Interest revenue $ $7,000$ Salaries expense $38,000$ Dividends $12,000$ Depreciation expense $8,000$ Utilities expense $4,600$ The Adjusted Trial Balance columns of a work sheet for Planta Company follow. Complete the work sheet by extending the account balances Into the appropriate financial statement columns and by entering the amount of net income for the reporting period.

$\backslash$begin$\{$tabular$\}\{|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|$c$|\}$

$\backslash$hline $\backslash$multicolumn$\{9\}\{|$c$|\}\{$PLANTA COMPANY$\}\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{9\}\{|$c$|\}\{$Work Sheet$\}\backslash \backslash$

$\backslash$hline $\backslash$multirow$[$t$]\{2\}\{*\}\{$Account Number$\}$ & $\backslash$multirow$[$t$]\{2\}\{*\}\{$Account Title$\}$ & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Adjusted Trial Balance$\}$ & $\backslash$multicolumn$\{2\}\{|$l$|\}\{$Income Statement$\}$ & $\backslash$multicolumn$\{3\}\{|$l$|\}\{$Balance Sheet and Statement of Owmer's Equity$\}\backslash \backslash$

$\backslash$hline & & Debit & Credit & Debit & Credit & Debit & $\backslash$multicolumn$\{2\}\{|$r$|\}\{$Credit$\}\backslash \backslash$

$\backslash$hline $101$ & Cash & $\backslash$$ $7\mathrm{.}000$ & & & & & & $\backslash \backslash$

$\backslash$hline $106$ & Accounts receivable & $27,200$ & & & & & & $\backslash \backslash$

$\backslash$hline $153$ & Trucks & $42,000$ & & & & & & $\backslash \backslash$

$\backslash$hline $154$ & Accumulated depreciation$-$Trucks & & $\backslash$$ $17,500$ & & & & $\backslash$$ & $17,500\backslash \backslash$

$\backslash$hline $183$ & Land & $32,000$ & & & & & & $\backslash \backslash$

$\backslash$hline $201$ & Accounts payable & & $15,000$ & & & & & $\backslash \backslash$

$\backslash$hline $209$ & Salaries payable & & $4,200$ & & & & & $\backslash \backslash$

$\backslash$hline $236$ & Unearned revenue & & $3,600$ & & & & & $\backslash \backslash$

$\backslash$hline $301$ & B$.$ Planta, Capital & & $65,500$ & & & & & $\backslash \backslash$

$\backslash$hline $302$ & B$.$ Planta, Wethdrawals & $15,400$ & & & & $15,400$ & & $\backslash \backslash$

$\backslash$hline $403$ & Plumbing revenue & & $84,000$ & & $\backslash$$ $84,000$ & & & $\backslash \backslash$

$\backslash$hline $611$ & Depreciation expense$-$Trucks & $6,500$ & & $\backslash$$ $6,500$ & & & & $\backslash \backslash$

$\backslash$hline $622$ & Salaries expense & $38,000$ & & $38,000$ & & & & $\backslash \backslash$

$\backslash$hline $640$ & Rent expense & $13,000$ & & $13,000$ & & & & $\backslash \backslash$

$\backslash$hline $677$ & Miscellaneous expenses & $8,700$ & & $8,700$ & & & & $\backslash \backslash$

$\backslash$hline & Totals & $\backslash$$ $189,800$ & $\backslash$$ $189,800$ & $68,200$ & $84,000$ & $15,400$ & & $17,500\backslash \backslash$

$\backslash$hline $\backslash$multicolumn$\{2\}\{|$r$|\}\{$Net income$\}$ & & & & & & & $\backslash \backslash$

$\backslash$hline & Totals & & & $\backslash$$ $66,200$ & $\backslash$$ $84,000$ & $\backslash$$ $15,400$ & $\backslash$$ & $17,500\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

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