As of December 31 of the current year, Armani Company's records show the following. Hint. The owner invested $1,200 cash during the year. Cash Accounts receivable Supplies $ 10,200 9,200 6,200 Equipment 5,200 Accounts payable 11,400 Armani, Capital, December 31, prior year. 16,200 Armani, Capital, December 31, current year 19,400 Armani, Withdrawals 13,200 Consulting revenue 33,400 Rental revenue 22,400 Salaries expense 20,200 Rent expense 12,200 Selling and administrative expenses 8,200 Prepare the statement of owner's equity for Armani Company for the current year ended December 31. ARMANI COMPANY Statement of Owner's Equity For Current Year Ended December 31 Armani, Capital, December 31, prior year $ 16,200 Add: Net income Add: Investments by owner 16,200 Less: Withdrawals by owner 13,200 Armani, Capital, December 31, current year $ 3,000