Due to the sudden resignation of the accountant at Crane Flower Shop, the sales manager has prepared the annual financial statements, shown below: CRANE FLOWER SHOP Statement of Income December 31 Sales Revenue $323,000 Cost of goods sold 186,800 Gross Profit $136,200 Operating expenses: Salaries & Wages expense $20,300 Rent expense 28,100 Prepaid rent 4,400 Dividends 7,900 Accumulated Depreciation 32,100 Supplies expense 3,800 96,600 Earnings before taxes $39,600 Income tax expense 23,800 Net income $15,800 CRANE FLOWER SHOP Statement of Changes in Equity For the Year Ended December 31 Retained earnings, January 1 $135,800 Add: Net income 15,800 Retained earnings, December 31 $151,600 CRANE FLOWER SHOP Statement of Financial Position For Year Ended December 31 Assets Liabilities Cash $16,750 Accounts payable $11,300 Accounts receivable 6,250 Long-term debt 30,000 Inventory 91,400 Total Liabilities 41,300 Shareholders' Equity Building 167,500 Common shares $42,900 Less depreciation expense (18,100) Retained earnings 171,900 $149,400 Total shareholders' equity 214,800 Total assets $263,800 Total liabilities and Shareholders' Equity $256,100 .prepare corrected statement of changes in equity and statement of financial position for Crane Flower Shop.