Question: b ) Prepare a statement of changes in equity for the year ended June 3 0 , 2 0 2 0 . Please make sure

b) Prepare a statement of changes in equity for the year ended June 30,2020. Please make sure your final answer(s) are accurate to the nearest whole number.
**Could I please get the calculation/formula for all of these??** I am unsure how to get the answer for all of these
Question 10[30 points]
The following account balances were included in the adjusted trial balance of JenCo at June 30,2020. All accounts have normal balances:
Additional information:
a) Calculate the net income (loss) for the year ended June 30,2020. Please make sure your final answer(s) are accurate to the nearest whole number.
Net income (loss)=$552,700
Marking:
Your answer was: $552,700
The correct answer was: $587,090
Net income loss
 b) Prepare a statement of changes in equity for the year

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