6 es Required information 15/ Ci h. It is estimated that the company is subject to an income tax rate of 40 percent of profit before income taxes (total revenue minus all expenses other than income taxes). These taxes will be payable in Year 2. Prepare a statement of Changes in Equity for the year ended December 31. (Round your final answers to the nearest whole dollar.) Opening balances (1/1) Add: Profit Subtotal Less: Dividends Ending balances (12/31) SUSQUEHANNA EQUIPMENT RENTALS Statement of Changes in Equity For the Year Ended December 31, Current Year Retained Share Capital Earnings $ $ 270,000 270,000 270,000 $ Total Equity $ 14,836 14,836 (2,700) 12,136 $ 270,00 14,83 284,83 (2,70( 282,13