These partially completed Income Statement columns from a 10-column work sheet are for the Winston Sailem Boat Rental Company for the year ended December 31, 2020. The owner's name is Carl Winston. Required: 1. Use the information to determine the amount that should be entered on the profit line of the work sheet. WINSTON SAIL'EM BOAT RENTAL COMPANY Income Statement (partial) For The Year Ended December 31, 2020 Debit Credit Rent revenue $ 105,000 Salaries expense $ 36,300 Insurance expense 5,400 Dock rental expense 13,000 Boat supplies expense 7.220 Depreciation expense, boats 22,500 Totals Profit Totals 2. In addition, prepare closing entries for the company and the pre-closing balance of the withdrawals account is $19,000. View transaction list Journal entry worksheet Record to close the revenue account. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2020 Record entry Clear entry View general Journal