I only need the answer for part

13) c) prepare a statement of changes in equity for the year 2018

info from previous question:

13)

punt balances as at December 31, 2016 are as follows: Cash $423.000; Accounts receivable $5,000; Merchandise inventory $132.000 Equipment $55,000; Accumulated depreciation $3.750; Land $40,000; Accounts payable $4,000; Long-term note payable $200,000; Common shares $440,000; and Retained earnings $7,250. The following transactions and events occurred in 2017: Ian 1 Paid rent in advance of $9,000 on an 18-month office lease. (Previously, the company had been paying the rent on a pay-as-you-go basis.) Jan. 21 Paid the electrician for the work she did in 2016. Feb. 15 Purchased inventory for $60,000 on credit from ordinary suppliers. Apr. 1 Billed customers $150,000 for sales. The cost of the inventory was $70,000 for these sales. May 1 Collected $140,000 cash from customers for the sales made on April 1. July 8 Paid cash for the amount owing to suppliers of inventory. Sept. 1 Made cash sales of $30,000. The cost of the inventory was $14,000 for these sales. Nov. 30 $10,000 of accounts receivable will not be collected because the customers went bankrupt. Dec. 1 Received $15,000 cash in advance from a customer for service work to be performed over the next few months. At the end of 2017, approximately 20% of the work had been completed. Dec. 20 Declared a cash dividend of $3,000, which will be paid in January. Dec. 30 Paid cash of $60,000 for various operating expenses in 2017. Dec. 31 Paid the interest on the bank loan. Dec. 31 Recorded depreciation for 2017 for the equipment. The company uses the straight-line method. Dec. 31 Recorded rent expense for 2017. Dec. 31 Recorded the portion of revenue earned transaction of December 1. for the Dec. 31 Paid cash of $1,800 for income taxes. 13. Comprehensive Problem - Part 3 This problem is a continuation of Problem #19 in Chapter 3. The account balances as at December 31. 2017 are as follows: Cash $463,200; Accounts receivable $5.000: Merchandise inventory $108,000; Prepaid rent $3,000; Equipment $55,000; Accumulated Dividends payable $3.000- note payable $200,000; Com nd Retained earnings $10,450. ions and events occurred in 2018. r $50,000 cash from ordinary sales. The cost of the depreciation $8,750; Land $40,000; Dividende Unearned revenue $12,000; Long-term note payable mon shares $440,000; and Retained earnings $1 The following transactions and events occurre Jan. 15 Paid the dividend declared in December Mar. 1 Purchased inventory for $50,000 cash suppliers. Apr. 1 Billed customers $300,000 for sales. The inventory was $140,000 for these sales. June 30 Collected $140,000 cash from customers for the sales on April 1. July 1 Paid rent in advance of $6,300 on a 12-month office leas Sept. 1 Made cash sales of $15,000. The cost of the inventory was $7,000 for these sales. Sept. 15 All of the service work associated with the unearned revenue was completed. Nov. 30 All remaining accounts receivable were collected except for $10,000. Dec. 30 Paid cash of $90,000 for various operating expenses in 2018. Dec. 31 Paid the interest on the bank loan. Dec. 31 Recorded depreciation for 2018 for the equipment. Dec. 31 Recorded rent expense for 2018. Dec. 31 The replacement cost (market value) of the inventory on December 31, 2018 was $3,000. Dec. 31 Paid cash of $11,000 for income taxes. Required (a) Using the transactions-based approach (tabular analysis the above transactions and events for 2018. Determine ing balances for all accounts that are included in analysis. (b) Prepare an income statement for the year 2018. (c) Prepare a statement of changes in equity I abular analysis), record for 2018. Determine the end- t are included in the tabular (d) Pro equity for the year 2018. punt balances as at December 31, 2016 are as follows: Cash $423.000; Accounts receivable $5,000; Merchandise inventory $132.000 Equipment $55,000; Accumulated depreciation $3.750; Land $40,000; Accounts payable $4,000; Long-term note payable $200,000; Common shares $440,000; and Retained earnings $7,250. The following transactions and events occurred in 2017: Ian 1 Paid rent in advance of $9,000 on an 18-month office lease. (Previously, the company had been paying the rent on a pay-as-you-go basis.) Jan. 21 Paid the electrician for the work she did in 2016. Feb. 15 Purchased inventory for $60,000 on credit from ordinary suppliers. Apr. 1 Billed customers $150,000 for sales. The cost of the inventory was $70,000 for these sales. May 1 Collected $140,000 cash from customers for the sales made on April 1. July 8 Paid cash for the amount owing to suppliers of inventory. Sept. 1 Made cash sales of $30,000. The cost of the inventory was $14,000 for these sales. Nov. 30 $10,000 of accounts receivable will not be collected because the customers went bankrupt. Dec. 1 Received $15,000 cash in advance from a customer for service work to be performed over the next few months. At the end of 2017, approximately 20% of the work had been completed. Dec. 20 Declared a cash dividend of $3,000, which will be paid in January. Dec. 30 Paid cash of $60,000 for various operating expenses in 2017. Dec. 31 Paid the interest on the bank loan. Dec. 31 Recorded depreciation for 2017 for the equipment. The company uses the straight-line method. Dec. 31 Recorded rent expense for 2017. Dec. 31 Recorded the portion of revenue earned transaction of December 1. for the Dec. 31 Paid cash of $1,800 for income taxes. 13. Comprehensive Problem - Part 3 This problem is a continuation of Problem #19 in Chapter 3. The account balances as at December 31. 2017 are as follows: Cash $463,200; Accounts receivable $5.000: Merchandise inventory $108,000; Prepaid rent $3,000; Equipment $55,000; Accumulated Dividends payable $3.000- note payable $200,000; Com nd Retained earnings $10,450. ions and events occurred in 2018. r $50,000 cash from ordinary sales. The cost of the depreciation $8,750; Land $40,000; Dividende Unearned revenue $12,000; Long-term note payable mon shares $440,000; and Retained earnings $1 The following transactions and events occurre Jan. 15 Paid the dividend declared in December Mar. 1 Purchased inventory for $50,000 cash suppliers. Apr. 1 Billed customers $300,000 for sales. The inventory was $140,000 for these sales. June 30 Collected $140,000 cash from customers for the sales on April 1. July 1 Paid rent in advance of $6,300 on a 12-month office leas Sept. 1 Made cash sales of $15,000. The cost of the inventory was $7,000 for these sales. Sept. 15 All of the service work associated with the unearned revenue was completed. Nov. 30 All remaining accounts receivable were collected except for $10,000. Dec. 30 Paid cash of $90,000 for various operating expenses in 2018. Dec. 31 Paid the interest on the bank loan. Dec. 31 Recorded depreciation for 2018 for the equipment. Dec. 31 Recorded rent expense for 2018. Dec. 31 The replacement cost (market value) of the inventory on December 31, 2018 was $3,000. Dec. 31 Paid cash of $11,000 for income taxes. Required (a) Using the transactions-based approach (tabular analysis the above transactions and events for 2018. Determine ing balances for all accounts that are included in analysis. (b) Prepare an income statement for the year 2018. (c) Prepare a statement of changes in equity I abular analysis), record for 2018. Determine the end- t are included in the tabular (d) Pro equity for the year 2018