Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Tippy Corporation is provided below.

Instructionsa. Prepare closing entries.b. Determine the post-closing balance in Retained Earnings.

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Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense Debit $ 72,600 26,300 13,200 212,800 91,100 3,600 1,400 Credit $ 53,000 114,800 22,900 183,800 6,200 61,800