Response to the following problem:
Argosy Company began the current period with a $14,000 credit balance in the D. Argosy, Capital account. At the end of the period, the company's adjusted account balances include the following temporary accounts with normal balances.
Service fees earned . . . . . . . . . . . $35,000
Interest revenue . . . . . . . . . . . . . . . . $3,500
Salaries expense . . . . . . . . . . . . . 19,000 D.
Argosy, Withdrawals . . . . . . . . . . 6,000
Depreciation expense . . . . . . . . . 4,000
Utilities expense . . . . . . . . . . . . . . . . 2,300
After closing the revenue and expense accounts, what will be the balance of the Income Summary account? After all closing entries are journalized and posted, what will be the balance of the D. Argosy, Capital account?