-12 View Policies Current Attempt in Progress The following information is from the Income Statement of Waterway's Lawn Service for the quarter ending September 2022: $4600 Service Revenue Expenses Salaries and Wages expense Supplies expense Insurance expense Total expenses Net Income $3100 510 270 3880 $720 The balance in Retained Earnings at July 1 was $3800. Waterway's distributed dividends of $1900 during the period. After closing entries have been posted, Retained Earnings will have a balance of O $1900 debit $4520 credit. O $5860 credit O $2620 credit. Save for Later Attempts: 0 of 1 used Submit