ACTIVITY 3: PREPARE ME Below are the Income Statement and Balance Sheet of Hobert Supply and Services. Using these data, prepare the company's Statement of Changes in Equity. Herbert Supply and Services For the ended month ended June 30, 2017 Cash Income Statement Balance Sheet Account Title Debit Credit Debit Credit 143,033 Merchandise Inventory Office Supplies Office Equipment Accumulated Depreciation- Office Equipment Salaries Payable 3,314 3,314 5,400 25,000 100 Navara, Capital 1,500 175,000 Navara. Drawing 4,000 Sales 35,000 Sales Returns and Allowances 750 Sales Discount 369 Purchases 29,900 Purchase Ret. and Allowances Purchase Discount 2,600 152 Freight-In 380 Freight-Out 120 Advertising Expense 500 Salaries Expense 3,000 Uriliries Expense 1,200 Office Supplies Expense 600 Depreciation Expense -Office 100 Equipment 36,919 41,066 180,747 Net Profit 4,147 41,066 41,066 180,747 176,600 4,147 180,747