estion 1 (20 points) - if you need additonal space, use page 3 De adjusted account balances of the Wellness Center at July 31 are as follows: Account Balances $ 16,000 15,000 4,000 8,000 Account Balances $107.000 8,500 25,000 6,000 40,000 8,000 13,000 Accounts Service Revenue Interest Revenue Depreciation Expense Insurance Expense Salaries and Wages Expense Supplies Expense Utilities Expense Accounts Cash Accounts Receivable Supplies Prepaid Insurance Buildings Accumulated Depreciation- Buildings Accounts Payable Owner's Capital Owner's Drawings 300,000 120,000 19,000 195,000 11,000 Instructions if you need additonal space, use page 3: (a) Prepare the closing entries for the end of the period for the Wellness Center. Include the explanation in parathesis under the journal entry. Prepare the Statement of Owner's Capital for the period year ending July 31, 2018. There ere no additional investments to the Owner's capital for the year