5. During its first year of operations, beginning August 1, 2017, Seasons Global Inc. had contributions of $14,700 from its owner, Mike Jones. The company's net income was $2,300, and Mike made a withdrawal of $1,750. Prepare the statement of owner's equity if the company has a calendar year-end. $ 0 Lazy Day Chairs Statement of Owner's Equity For the Five Months Ended December 31, 2015 Mike Milton, capital, August 1, 2015 Investment on August 1, 2045 $14,700 Net income for August through December 2,300 Withdrawals for August through December (1,750) Increase in owner's equity Mike Milton, capital, December 31, 2045 15,250 $15,250