The beginning balance in the S. Carton, Capital account on 1 March of the current year was \(\$ 36800\). For March, the Carton Business reported total revenues of \(\$ 12800\) and total expenses of \(\$ 6800\). In addition, S. Carton withdrew \(\$ 2240\) for her personal use on 25 March.

Required:

Prepare a statement of changes in owner's equity for March for the Carton Business.