Exercise 4-6 Completing the income statement columns and preparing closing entries LO P1, P2 These partially completed Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company Debit Credit 127, 56,388 Account Title Rent earned Salaries expense Insurance expense Office supplies expense Bike repair expense Depreciation expense-Bikes 18,66 3.937 24,257 (1) Use the information to determine the amount that should be entered on the net income line of the work sheet Net Income (2) Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period Journal entry worksheet Record the entry to doserve accounts