Selected year$-$end account balances from the adjusted trial balance as of December $31,2025,$ for Grouper Corporation is provided

below.

$($a$)$

Prepare closing entries. $($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$

$($To close revenue accounts$)$

Dec.

$31$

$($To close expense accounts$)$

Dec.

$31$

$($To close net income to retained earnings$)$

Dec.

$31$

$($To close dividends to retained earnings$)$