Cullumber Grove Hardware has the following balances in the company ledgers for the year ending December 31: Mortgage Payable $85,000 Interest Expense $13,000 Prepaid Insurance $3,200 Land $24,700 Short-term investments $1,600 Office salaries $72,000 Common Shares $11,000 Sales Salaries $99,800 Cash $200 Supplies expense $18,200 Advertising $51,600 Insurance expense $9,800 Accounts Receivable $18,100 Depreciation expense $18,500 Sales revenue $596,000 Income tax expense $5,400 Accounts Payable $7,100 Dividend Payments $12,900 Buildings (Net) $101,100 Interest Income $18,500 Cost of Goods Sold $303,200 Inventory $15.300 Note Payable (due in 9 months) $8,700 Retained Earnings (Beg Bal-Jan 1) $42,300 Prepare the Statement of Changes in Equity. (List items that increase retained earnings first.) CULLUMBER GROVE HARDWARE STATEMENT OF CHANGES IN EQUITY < $ $