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On July 31, 2020, the account balances of ABC Co. for the month are listed below. The capital of the owner was Rial 25,000 on July 1, 2020, the beginning of the month. The company was able to generate Rial 31,200 in Net Income for the month of July. Balance OMR Account Name Accounts Payable Accounts Receivable 3,400 34.500 32,600 Cash Sales Revenues XXX Auto Expense 16,000 3,000 Personal loan 4,800 25,000 4800 Miscellaneous expense Beginning Equity Miscellaneous expense Supplies Rent Expense Dividends 2.500 33,000 15,000 55,000 4,500 Salary expense Supplies expense Requirements: Prepare a statement of Equity for the or the month ended July 31,2020. (Rubrics: 0.25 mark for each correct element and correct form of statement of stockholders' equity and heading, 0.5 mark each for the correct calculations of totals and retained earnings. Total 3 marks)