8 of 8 2.7/3 Prepare an owner's equity statement for an assuming the following data are not included above (1) $50 of services were performed and billed but not collected at June 30 and 25 $100 of gasoline expense was incurred but not paid List tems that increme owner's equity fi CRANE DESIGNS CO. Owner's Equity Statement For the othed 30.2002 Owner's Add Ding Owers CA 30 12450 1100 A GOOD Show Attempt History Current Attempt in Progress On June 1, Karen White started Crane Designs Co., a company that provides craft opportunities, by investing $12.450 cash in the business. Following are the assets and liabilities of the company at June 30 and the revenues and expenses for the month of June. Cash $11,000 Service Revenue $7,200 Accounts Receivable 3,500 Advertising Expense 600 Supplies 1,700 Rent Expense 1,600 Equipment 10,000 Gasoline Expense 200 Notes Payable 9.100 Utilities Expense 150 Accounts Payable 1,100 Karen made no additional investment in June but withdrew $1,100 in cash for personal use during the month. (a1)