Show Altempt History Current Attempt in Progress 742/15 Bramble Athletic Wearinc sadjusted trial balance amounts (with the exclusion of the adjusting entry to update Inventory and cost of Goods Sold accounts appear in alphabetical order as follows on December 31, 2021, the end of its fiscal year $152.830 Inventory. Jan. 1 82.212 $75.330 Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation equipment Administrative expenses Land 96,348 139,500 Mortgage payable 232,500 79.794 Prepaid insurance 4.464 336,474 Property tax payable Buildings 8,928 353.400 Purchases discounts Cash 41.850 31.620 Purchase returns and allowances Common shares 11.904 97.650 Purchases Deferred revenue 746,976 15,438 Refund liability Dividends declared 7,688 14,880 Retained earnings Salaries payable 127.596 Equipment 204,600 6,510 Freight in 10,416 Sales 1,184,820 Income tax expense 29.760 Selling expenses 14.880 Interest expense 19,344 Additional information: 1 Bramble Athletic Wear uses a periodic inventory system, Additional information: 1. Bramble Athletic Wear uses a periodic inventory system. 2. A physical inventory count determined that Inventory on December 31, 2021, was $135,03 3. Of the mortgage payable, $23,250 is due in the next year. 4. Common shares of $46,500 were issued during the year. Attempts: 3 of 3 used (52) Prepare a statement of changes in equity for the year. (Enter negative amounts using either a negotive sign preceding the number, cs. -25 or parentheseses (251) BRAMBLE ATHLETIC WEAR INC. Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ $ 7.42/15 Deferred revenue 15,438 Dividends declared 7,688 14,880 Refund liability Retained earnings Salaries payable Equipment 127,596 204,600 6,510 Freight in 10,416 Sales 1,184,820 Income tax expense 29.760 Selling expenses 14,880 Interest expense 19.344 Additional information: 1. 2. Bramble Athletic Wear uses a periodic inventory system. A physical inventory count determined that inventory on December 31, 2021, was $135,036. Of the mortgage payable, $23,250 is due in the next year. Common shares of $46,500 were issued during the year. 3. 4. e)