Question Completion Status: Use the following end-of-period spreadsheet to answer the questions that follow. Finley Company End of Period Spreadsheet For the Year Ended December 31 Adjusted Trial Balance Income Statement Balance Sheet Account Title Debit Credit Debit Credit Debit Credit Cash 48.000 48.000 18,000 18,000 Accounts Receivable Supplies 6,000 6.000 57.000 57.000 18.000 18,000 25,000 25,000 6.000 6,000 33.000 33.000 Equipment Accumulated Depreciation Accounts Payable Wages Payable C. Finley, Capital C. Finley, Drawing Fees Earned Wages Expense Rent Expense Depreciation Expense Totals 3.000 3.000 155,000 155,000 63,000 - 63.000 27,000 27.000 15.000 15.000 237.000 237 000 105,000 155,000 132,000 82,000 INet Income SOLO SOLO 18,000 18,000 25,000 25,000 6,000 6 000 Accumulated Depreciation Accounts Payable Wages Payable C. Finley Capital C. Finley Drawing Fees Earned 33.000 33,000 3.000 3,000 155,000 155,000 63.000 63,000 27,000 27,000 Wages Expense Rent Expense Depreciation Expense Total 15.000 15.000 237.000 237.000 105,000 155,000 132,000 82,000 Net Income (Loss) 50,000 50.000 155.000 155.000 132.000 132.000 The entry to close Income Summary would be O a debit C. Finley, Capital $50,000; credit Income Summary, $50,000 O b. debit C. Finley, Capital, $9.000; credit Income Summary, $9.000 O c. debit Income Summary, $50,000 credit C. Finley, Capital, $50,000 O d. debit Income Summary, $155.000, credit C. Finley, Capital, $155,000 > Moving to another question will save this response