Delivery Track 900 Purcha C 400 15000 L EL Prepare the Owner's Equity Statement. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) $ $ Before moving onto the next section, please do the following (for screen help, click on the hyperlinks below): Purchases Returns and Allowances 8,800 Freight-in 1,900 Salaries Expense 35,500 Utilities Expense 8,300 Repair Supplies Expense 850 Postage Expense 380 Rent Expense 15,000 Depreciation Expense, Delivery Truck 800 Depreciation Expense, Forklift Office Supplies Expense 600 1,300 300 Insurance Expense Cash Short & Over 170 3,300 Interest Expense 4,500 Interest Revenue $886,276 $886,276 Totals Accumulated Depreciation, Forklift 32,100 $600 Delivery Truck 153,000 Accumulated Depreciation, Delivery Truck Accounts Payable 1,600 67,500 Salaries Payable 1,900 Unearned Sales Revenue Notes Payable (Long-Term) 15,200 121,500 Nicholas Ram, Capital 397,500 Nicholas Ram, Drawings 4,000 263,300 Sales Revenue 621 Sales Discounts Sales Returns and Allowances 5,000 147,600 Purchases 3,876 Purchases Discounts Purchases Returns and Allowances 8,800 Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016. Nicholas Company Adjusted Trial Balance May 31, 2016 Account Names Debit Credit Cash $333,555 Petty Cash Fund 4,900 Accounts Receivable 24,000 Merchandise Inventory, 5/1/16 56,700 Store Supplies 10,900 Office Supplies 4,200 Prepaid Insurance 3,300 38,000 Land 32,100 Forklift $600 Accumulated Depreciation, Forklift