These items are taken from the financial statements of Pharoah Corporation for the year ended December 31, 2021:

(PLEASE PREPARE THE STATEMENT OF CHANGES OF EQUITY AND THE STATEMENT OF FINANCIAL POSTIONS FOR THE SAME)

These items are taken from the financial statements of Pharoah Corporation for the year ended December 31,2021 : Additional information: 1. Pharoah started the year with $28,500 of common shares and issued $5,700 more during the year. 2. Pharoah must pay $1,500 of the bank loan payable next year in 2022. PHAROAH CORPORATION Statement of Income For the Year Ended December 31,2021 Revenues Service Revenue $216900 Interest Revenue \begin{tabular}{l} Total Revenues \\ Expenses \\ \hline \end{tabular} Utilities Expense Repairs and Maintenance Expense 23001 Depreciation Expense \begin{tabular}{|l|l|} \hline 2000 & in \\ \hline \end{tabular} $217400 Insurance Expense 6700 Salaries Expense 121800 Operating Expense 39400 Supplies Expense negative sign preceding the number eg. -45 or parentheses e.g. (45). Prepare a statement of changes in equity for the year. (If an amount reduces the account balance then enter amounts using elther a negative sign preceding the number eg. - 45 or parentheses eg. (45).) eTextbook and Media List of Accounts Attempts: 1 of 3 used