\begin{tabular}{|lrlr|} \hline Cash & $3,300 & Cost of Goods Sold & $18,800 \\ Selling Expenses & 1,500 & Equipment, net & 8,600 \\ Accounts Payable & 4,600 & Salaries Payable & 2,100 \\ Carrie, Capital & 3,320 & Net Sales Revenue & 28,000 \\ Notes Payable, long-term & 1,300 & Accounts Receivable & 3,900 \\ Merchandise Inventory & 800 & Interest Expense & 20 \\ Administrative Expenses & 3,600 & Refunds Payable & 1,300 \\ Estimated Returns Inventory & 700 & Sales Discounts Forfeited & 600 \\ \hline \end{tabular} Print Done Reference Carrie Communications reported the figures from its adjusted trial balance and from its muls-step income statement for its first year of business, which ended on July 31 , 2024 : (Click the icon to view the accounts and balances) Click the icon to view the mult-step income statement.) Read the requirements. Requirement 1. Prepare Carrie Communications' statement of owner's equity for the year ended July 31, 2024. Assume that there were no contributions or withdrawals during the year and that the business began on August 1, 2023. (Enter a " 0 " for any zero balances. Include only applicable transactions during the period. Assume that the capital balance shown in the data provided represents the opening capital balance of the business for the year.) Requirement 2. Prepare Carrie Communications' classified balance sheet at July 31, 2024. Use the report format. Begin by completing the assets section, then complete the liabilities and owner's equity sections. Carrie Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first year of business, which ended on July 31 (Click the icon to view the accounts and balances.) Cick the icon to view the multi-step income statement) Read the requiroments