Woods, inc. earned revenues of $16,000 and incurred expenses of $9,500. the company declared and paid cash dividends of $1,500. what is the balance in the income summary account after closing net income or loss to the retained earnings account?

a) credit balance of $15,000
b) balance of $0
c) debit balance of $19,000
d) credit balance of $4,000

Will give brainliest for correct answer 8. use the distance time graph to answer these questions: a. what does the graph tell us about the velocity of the car? b. what is the average velocity of the car? (show work) c. is the velocity reflected in the graph positive or negative?d. is there any point on the graph where the car is not moving? how do we know?