3- Merian Company has just completed operations for the year ended December 31, 2018. This is the second year of operations for the company. The company is a sole proprietorship. The following data have been assembled for the business at December 31, 2018. Accounts Payable Accounts Receivable Cash Merian, Withdrawals Equipment Insurance Expense $ 12,200 Office Expense! 14,500 Rent Expensel 8,200 Merian, Capital, Jan. 1, 2018 13,500 Salaries Expense 15,000 Service Revenue 4,000 Utilities Expensel $ 6,500 9,600 17,300 36,000 84,000 6,200 Prepare the statement of owner's equity for the year. There were no new capital contributions during the year. Use a proper heading