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These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Debit Credit 95, eee Account Title Rent earned Salaries expense Insurance expense Office supplies expense Bike repair expense Depreciation expense-Bikes 42,180 5,985 13,965 2,945 18,145 (1) Determine the amount that should be entered on the net income line of the work sheet. (2) Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the amount that should be entered on the net income line of the work sheet. Net income s 95.000 Required 1 Required 2 > These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Debit Credit 95, eee Account Title Rent earned Salaries expense Insurance expense Office supplies expense Bike repair expense Depreciation expense-Bikes 42,180 5,985 13,965 2,945 18,145 (1) Determine the amount that should be entered on the net income line of the work sheet. (2) Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. View transaction list Journal entry worksheet Record the entry to close expense accounts. Note: Enter debits before credits Transaction General Journal Debit Credit 2 Bike repair expense 421,800 Depreciation expense-Bikes H. Brown, Capital H. Brown, Capital H. Brown, Withdrawals Record entry Clear entry View general journal These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Debit Credit 95,00 Account Title Rent earned Salaries expense Insurance expense Office supplies expense Bike repair expense Depreciation expense-Bikes 42,180 5,985 13,965 2,945 18,145 (1) Determine the amount that should be entered on the net income line of the work sheet. (2) Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. View transaction list Journal entry worksheet Record the entry to close income summary account. Note: Enter debits before credits Debit Credit Transaction 3 1,551 General Journal Bike repair expense Depreciation expenseBikes H. Brown, Capital Insurance expense Record entry Clear entry View general journal Transaction General Journal Debit Credit 3 Bike repair expense 1.551 Bike repair expense Depreciation expense-Bikes H. Brown, Capital Record ent H. Brown, Withdrawals View general journal