These Income Statement columns from a 10-column work sheet are for Brown's Bike Rental Company. Debit Credit 116,000 Account Title Rent earned Salaries expense Insurance expense Office supplies expense Bike repair expense Depreciation expense-Bikes 51,584 7,308 17,052 3,596 22,156 (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. / + A Record the entry to close revenue accounts. B Record the entry to close expense accounts. C Record the entry to close income summary account. Credit Note : = journal entry has been entered 11 Record entry Clear entry View general journal