Eyelash Extension Companys liabilities as reported on the June 30, 2020, balance sheet are shown below, along with its statement of changes in equity Accounts payable $ 179,500 Notes payable, due 2022 481,000 Total liabilities $ 660,500 Eyelash Extension Company Statement of Changes in Equity For Year Ended June 30, 2020 Jan Suzette, capital, June 30, 2019 $ 482,000 Add Profit 196,500 Total $ 678,500 Less Withdrawals 285,100 Jan Suzette, capital, June 30, 2020 $ 393,400 Jan is selling the business A potential buyer has hired an accountant to review the accounting records and the following was discovered Eyelash Extension Company began selling a new product line this past year that offered a warranty to customers It is expected that $48,100 of warranty work will result next year based on first year sales No entry was prepared on June 30 to show this Annual property taxes of $20,100 are due July 31, 2020 the income statement shows only one month of property expense resulting from an entry correctly recorded on July 31, 2019 Interest on the notes payable is paid quarterly No entry has been recorded since the last quarterly payment of $8,400 on May 1, 2020 $16,300 of new office furniture was purchased on account and received on June 28 This transaction has not been recorded Unearned revenue of $21,100 has been included on the income statement Required Using the information provided, prepare a corrected statement of changes in equity and liabilities section of the balance sheet Ignore PST GST (Round your intermediate calculations and final answers to the nearest whole dollar )

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Eyelash Extension Companys liabilities as reported on the June 30, 2020, balance sheet are shown below, along with its statement of changes in equity. Accounts

Eyelash Extension Companys liabilities as reported on the June 30, 2020, balance sheet are shown below, along with its statement of changes in equity.


Accounts payable	$	179,500
Notes payable, due 2022		481,000
Total liabilities	$	660,500

Eyelash Extension Company Statement of Changes in Equity For Year Ended June 30, 2020
Jan Suzette, capital, June 30, 2019	$	482,000
Add: Profit		196,500
Total	$	678,500
Less: Withdrawals		285,100
Jan Suzette, capital, June 30, 2020	$	393,400

Jan is selling the business. A potential buyer has hired an accountant to review the accounting records and the following was discovered:

Eyelash Extension Company began selling a new product line this past year that offered a warranty to customers. It is expected that $48,100 of warranty work will result next year based on first-year sales. No entry was prepared on June 30 to show this.
Annual property taxes of $20,100 are due July 31, 2020; the income statement shows only one month of property expense resulting from an entry correctly recorded on July 31, 2019.
Interest on the notes payable is paid quarterly. No entry has been recorded since the last quarterly payment of $8,400 on May 1, 2020.
$16,300 of new office furniture was purchased on account and received on June 28. This transaction has not been recorded.
Unearned revenue of $21,100 has been included on the income statement.

Required: Using the information provided, prepare a corrected statement of changes in equity and liabilities section of the balance sheet. Ignore PST/GST. (Round your intermediate calculations and final answers to the nearest whole dollar.)