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The following balances of some accounts are presented by OSE Trading for the year ended December 21, 2020 prior to the closing of Income

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The following balances of some accounts are presented by OSE Trading for the year ended December 21, 2020 prior to the closing of Income and Expenses Summary Accounts (IESA): Cash Accounts receivable Merchandise inventory Accounts payable OSE, Capital OSE, Drawing 125,000.00 90,000.00 280,000.00 80,000.00 680,000.00 30,000.00 The IESA for the year ended December 31, 2020 has a credit balance of P128,000.00 after the closing of revenue and expenses accounts. During the year, OSE made an additional investment of P250,000.00. REQUIRED: PREPARE THE STATEMENT OF CHANGES IN EQUITY OF OSE TRADING

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