Complete Problem 4-6A on page 291 and Problem 4-7A on page 292 on a piece of paper and then answer the following questions. In Step 1 of the Answer 1 Choose...$0$91,940 closing entries what Credit$41,500$ 103,440 was the total amount Debit$130,040 Credit$91,940 posted to the Income Debit$221,980 Credit$ 199,480 Summary account Debit$111,240$96,040 when closing the Debit$125,000$ 17,640$221,980 revenue account(s)? Debit$83,500 Answer 2 Choose...$0$91,940 Credit$41,500$ 103,440 What is the current Debit$130,040 Credit$91,940 portion of the Long- Debit$221,980 Credit$199,480 Term Notes Payable? Debit$111,240$96,040 Debit$125,000$17,640$221,980 Debit$83,500 Answer 3Choose...$0$91,940 What is the opening Credit$41,500$103,440 balance of the Debit$130,040 Credit$91,940 Owners' Capital Debit$221,980 Credit$199,480 account at January 1, Debit$111,240$96,040 2020? Debit$125,000$17,640$221,980 Debit$83,500 In Step 3 of the closing entries what was the amount posted to the Capital Complete Problem 4-6A on page 291 and Problem 4-7A on page 292 on a piece of paper and then answer the following questions. In Step 1 of the Answer 1 Choose...$0$91,940 closing entries what Credit$41,500$ 103,440 was the total amount Debit$130,040 Credit$91,940 posted to the Income Debit$221,980 Credit$ 199,480 Summary account Debit$111,240$96,040 when closing the Debit$125,000$ 17,640$221,980 revenue account(s)? Debit$83,500 Answer 2 Choose...$0$91,940 Credit$41,500$ 103,440 What is the current Debit$130,040 Credit$91,940 portion of the Long- Debit$221,980 Credit$199,480 Term Notes Payable? Debit$111,240$96,040 Debit$125,000$17,640$221,980 Debit$83,500 Answer 3Choose...$0$91,940 What is the opening Credit$41,500$103,440 balance of the Debit$130,040 Credit$91,940 Owners' Capital Debit$221,980 Credit$199,480 account at January 1, Debit$111,240$96,040 2020? Debit$125,000$17,640$221,980 Debit$83,500 In Step 3 of the closing entries what was the amount posted to the Capital