Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016. Credit Nicholas Company Adjusted Trial Balance May 31, 2016 Account Names Debit Cash $343,971 Petty Cash Fund 5,000 Accounts Receivable 25,400 Merchandise Inventory, 5/1/16 57,300 Store Supplies 11,200 Office Supplies 3,500 Prepaid Insurance 3,300 Land 36,000 Forklift 31,500 Accumulated Depreciation, Forklift Delivery Truck 155,000 Accumulated Depreciation, Delivery Truck Accounts Payable Salaries Payable Unearned Sales Revenue Notes Payable (Long-Term) Nicholas Ram, Capital Nicholas Ram, Drawings 4,100 Sales Revenue $900 1,550 94,000 1,900 24,900 123,800 396,100 265,600 615 ENT RESOURCES Project - (Question 2 of 20) 1 Project 10 5,500 176,000 core esults by Study 3,926 7,600 Sales Discounts Sales Returns and Allowances Purchases Purchases Discounts Purchases Returns and Allowances Freight-in Salaries Expense Utilities Expense Repair Supplies Expense Postage Expense Rent Expense Depreciation Expense, Delivery Truck Depreciation Expense, Forklift Office Supplies Expense Insurance Expense Cash Short & Over Interest Expense Interest Revenue 2,140 31,900 8,200 950 460 16,000 750 900 1,400 300 90 3,300 4,500 $924,776 $924,776 Totals 750 900 Depreciation Expense, Forklift Office Supplies Expense Insurance Expense Cash Short & Over Interest Expense Interest Revenue 1,400 300 90 3,300. Totals 4,500 $924,776 $924,776 Ending Merchandise Inventory = $62,000. Prepare the Owner's Equity Statement. (Do not use dollar signs (5) when entering amounts. To see answers, you must enter your answers with commas.)