On July 1, 2020, Academic Learning Services entered its second month of operations. On July 31, 2020, Breanne Allerle, the owner finalized the company's records that showed the following items. Accounts payable Accounts receivable Cash Computer equipment Furniture Breanne Allarie, capital, June 30, 2020- office rent expense Owner's investments during July 2020 Owner's withdrawals Supplies Textbook rental revenue Tutoring revenue Tutora wages expense Utilities expense $ 2,900 4,800 4,400 5,000 4,600 18,600 5.300 4,000 3,800 2.400 580 7.000 1,020 960 "Hint. The ending capital balance for one period is the beginning capital balance for the next period. Use the above information to prepare a July statement of changes in equity for Academic Learning Services (Enter all values as positive.) ACADEMIC LEARNING SERVICES $ 18,600 Statement of Changes in Equity For Month Ended July 31, 2020 Breanne Allarie, capital, July 1 Add: Investments by owner Total Less: Withdrawals by owner 3,800 Less: Loss (500) Breanne Allarie, capital, July 31 $ 4,000 $ 22,600 3,300 19,300 $ Ints Analysis Component Identify those activities that caused equlty to decrease during July 2020. Investments in assets by Breanne Allarie. Loss earned during the month. Withdrawals by Breanne Allarie. Change in accounts receivable, Sale of automobiles