The following financial information was taken from the books of Get Fit Health Club, a small spa and health club:
Account Balances as of December 31, 2013
Accounts Receivable ........... $16,150
Accounts Payable ............. 5,500
Salaries Payable ............. 2,150
Cash ................... 20,725
Dividends ................ 1,750
Operating Expense ........... 31,550
Prepaid Rent .............. 600
Rent Expense ............. 9,200
Retained Earnings 1/1/2013 ........ 32,650
Salaries Expense ............. 16,200
Service Revenue ............ 58,400
Supplies ................ 450
Supplies Expense ............. 4,240
Common Stock ............. 6,515
Unearned Revenue ........... 8,050
Land .................. 12,400

Required
a. Prepare the journal entries necessary to close the temporary accounts at December 31, 2013, the Get Fit Health Club.
b. What is the balance in the Retained Earnings account after the closing entries are posted?