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2) The income statement for the month of June, 2020 of Snap Shot, Inc. contains the following information: Revenues $7,300 Expenses: Salries and Wages Expense
2) The income statement for the month of June, 2020 of Snap Shot, Inc. contains the following information: Revenues $7,300 Expenses: Salries and Wages Expense $3,000 Rent Expense 1,300 Advertising Expense Supplies Expense 200 Insurance Expense 100 Total expenses 5,300 Net income $2.000 700 At June 1, 2020, Snap Shot reported owner's equity of $36,000. The company had no owner drawings during June. At June 30, 2020, how much is owner's equity
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