On June 30th at 11:59 pm, G.P. Burdell started Boise Mountain Bikes (BMB) in Boise, Idaho, with a $20,000 investment. Her business sells mountain bikes and accessories to tourists and 'outdoor enthusiasts' in southwestern Idaho. Below is the balance sheet at June 30th, 2022. Boise Mountain Bikes Balance Sheet June 30, 2022 Assets Cash $20,000 Liabilities + Equity Contributed $20,000 Capital With regular operations thus commenced, the following details came from her on-line banking 'app' on September 30th, 2022 (these transactions occurred between July 1st and September 30th): Withdrawals from Bank Account Salaries $8,000 Merchandise 62,000 Inventory Fixtures, Shelves, 12,500 Equipment