Casey was instructed years ago by his tax accountant that his original artwork inventory should not have a COGS associated with it because it is impossible to accurately determine the costs associated with his original artwork, some of which he painted decades ago. Instead, he needs to expense all of his art supplies purchases. However, the prints in inventory are classified as inventory until sold and then those costs will be classified as COGS. So, although the original artwork inventory will have zero costs ($0.00) associated with it, you will enter the sales price of the inventory Casey transfers into the business. QBO will automatically credit the Opening Balance Equity account when you enter the prints. Thus, you must prepare a journal entry to move each print size balance in the Opening Balance Equity to the Owner's Investment account. The Opening Balance Equity account must be zero ($0)