On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash $ 32,300 Maria Lopez, Drawing $ 12,800 Accounts receivable 2,550 Fees income 50,250 Supplies 1,750 Depreciation expense 2,400 Equipment 25,300 Salaries expense 16,300 Accumulated depreciation 2,150 Supplies expense 2,650 Accounts payable 2,650 Telephone expense 2,250 Maria Lopez, Capital 47,550 Utilities expense 4,300 All the accounts have normal balances. Prepare the closing entries for the abo