These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Account Title Rent earned Salaries expense Insurance expense office supplies expense Bike repair expense Depreciation expense-Bikes Debit 47,952 6,804 15,876 3,348 20,628 Required 1 Required 2 Credit 108,000 (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. Comlete this question by entering your answers in the tabs below. Determine the amount that should be entered on the net income line of the work sheet.

These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. (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. Comflete this question by entering your answers in the tabs below. Determine the amount that should be entered on the net income line of the work sheet. 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 ownet, H. Brown, did not make any withdrawals this period. Complete this question by entering your answers in the tabs below. Prepare the company's closing entries. The owner, H. Brown, did not make any withdrawals this period. Journal entry worksheet