Can you help prepare the closing journal entries using the data below?

Trial Balance and Adjustments Instructions: Use the data provided to complete your income statement. Do not input data into this tab. Accounts General Ledger Number Title Debit Credit 100 Cash 1,366,900 110 Accounts Receivable 662,000 115 Allowance for Bad Debts 2,500 120 Inventory 97,845 130 Notes Receivable 135 Accumulated Depreciation 72,400 140 Equipment 115,000 160 Buildings 362,500 170 Land 68,535 180 Patents 800 185 Accumulated Amortization 50,000 190 Interest Receivable 195 Prepaid Insurance Expense 34,000 200 Accounts Payable 300,450 205 Unearned Rent Revenue 6,000 300 Common Stock 120,000 305 APIC - Common Stock 766,000 340 Retained Earnings 873,230 400 Sales Revenue 500,000 410 Interest Revenue 405 Rent Revenue 405 Rent Revenue 415 Loss on Sale of Equipment 500 Cost of Goods Sold 20,000 510 Depreciation Expense 518 Amortization Expense 520 Bad Debt Expense 540 Salaries Expense 560 Insurance Expense 580 Sales Returns and Allowances 599 Income Tax Expense 600 Dividends Difference Total 2,727,580 2,690,580 37,000 Remember: Total debits should eqal total credits, if these are not equal review your journal entries and t-accounts. Trial Balance and Adjustments Instructions: Use the data provided to complete your income statement. Do not input data into this tab. Accounts General Ledger Number Title Debit Credit 100 Cash 1,366,900 110 Accounts Receivable 662,000 115 Allowance for Bad Debts 2,500 120 Inventory 97,845 130 Notes Receivable 135 Accumulated Depreciation 72,400 140 Equipment 115,000 160 Buildings 362,500 170 Land 68,535 180 Patents 800 185 Accumulated Amortization 50,000 190 Interest Receivable 195 Prepaid Insurance Expense 34,000 200 Accounts Payable 300,450 205 Unearned Rent Revenue 6,000 300 Common Stock 120,000 305 APIC - Common Stock 766,000 340 Retained Earnings 873,230 400 Sales Revenue 500,000 410 Interest Revenue 405 Rent Revenue 405 Rent Revenue 415 Loss on Sale of Equipment 500 Cost of Goods Sold 20,000 510 Depreciation Expense 518 Amortization Expense 520 Bad Debt Expense 540 Salaries Expense 560 Insurance Expense 580 Sales Returns and Allowances 599 Income Tax Expense 600 Dividends Difference Total 2,727,580 2,690,580 37,000 Remember: Total debits should eqal total credits, if these are not equal review your journal entries and t-accounts