1. Prepare the statement of owner's equity for Fort Knox Training for the month ending June 30th, 2025. Assume Schneider contributed 12,000 during June.

2. What does the statement of owner's equity report?

\begin{tabular}{|lrlr|} \hline Equipment & $26,900 & Service Revenue & $1,200 \\ Supplies & 1,100 & Accounts Receivable & 8,200 \\ Notes Payable & 8,000 & Accounts Payable & 11,000 \\ & & Schneider, Capital, June 1, & \\ Rent Expense & 700 & 2025 & 2,200 \\ Cash & 1,700 & Salaries Expense & 1,800 \\ \hline \end{tabular} Requirement 1. Prepare the statement of owner's equity for Fort Knox Training for the month ending June 30, 2025. Assume Schneider contributed $12,000 during June. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal