Prepare the following financial statements in good form:
       C. Statement of Changes in Equity 
       D. Statement of Financial Position

 

BTS Corporation provided the following balances in its trial balance for the year ended December 31, 2021 Patent Prepaid rent expense Raw materials inventory ACCOUNT TITLES Cash and cash equivalents Notes payable (due April 1, 2022) Investment in equity securities - FVPL Machinery and equipment Accumulated depreciation - machinery and equipment Accounts receivables Goods in process inventory Bonds payable - at fair value Bonds payable Investment in debt securities - FVOCI Land Sales Accrued interest income Allowance for doubtful accounts Premium on bonds payable Retained earnings (beginning) Raw material purchases Building Accumulated depreciation - building Direct labor Notes receivable (from trade customers) Loss on change in fair value attributable to credit risk of a financial liability designated as FVPL Unrealized loss on investment in equity securities - FVPL Finished goods inventory Unrealized gain on investment in debt securities - FVOCI Distribution cost Manufacturing overhead Advances to officers and employees (current) Accrued utilities expense Income tax payable Office supplies Administrative cost Finance cost Accounts payable Share capital Share premium Gain on sale of equipment Purchase returns and allowance Sales discounts Freight in Share dividends payable Income tax expense Amortization of patent Income summary TOTALS Raw materials, beginning Goods in process, beginning Finished goods, beginning Total DEBIT 160,000 304,000 358,500 817,300 525,910 6,200,500 227,350 56,280 748,950 8,450,000 51,500 1,730,540 5,145,000 813,900 325,000 85,750 103,870 245,660 217,940 346,920 50,280 45,710 163,455 65,382 290,011 173,054 CREDIT Beginning 256,000 105,720 325,060 686,780 435,100 1,860,150 350,100 1,200,000 5,800,210 45,470 96,000 3,714,024 1,029,000 230,350 292,750 154,621 326,900 8,125,000 2,057,590 164,370 68,452 2,437,500 618,485 40,000 686,780 660,440 29,048,027 29,048,027 Ending 358,500 56,280 245,660 660,440