Answer:
the ending balance of an equity is $63,250
Explanation:
The computation of the ending balance of equity is shown below:
Cash Invested $15,400
Photography equipment contributed $39,000
Service revenue for cash $7,600
Service revenue on account $4,650
Monthly rent paid -$3,400
Ending balance of an equity $63,250
Hence, the ending balance of an equity is $63,250