As of December 31 of the current year, Armani Company's records show the following. Hint. The owner invested $1,400 cash during the year Chin s 10,400 9,400 6,400 5,400 Accounts payable 11,800 reans, Capital, December 11. 16,400 Cast, Cattal, December 3, 19,800 15,400 31,800 22,800 26,400 12,486 selling and adminis 8,400 Required Prepare the statement of owners equity for Armam Company for the current year ended December 31. ARMANI COMPANY Stabent of Owner's Equity For Coment Year Ended Desember 31 er 31, oror year mber 31 turent year As of December 31 of the current year, Armani Company's records show the following. Hint. The owner Invested $1,400 cash during the year. Cash Accounts receivable Supplies $ 10,400 9,400 6,400 Equipment 5,400 Accounts payable 11,800 Armani, Capital, December 11, priar 16,400 Armani, Capital, December 11, cu ani, Mithdrawals Consulting revenue Sental revenue Laries expense Sailing and administrative exe 19,800 13,400 33,800 22,800 20,400 12,400 8,400 Required: Prepare the current year-end balance sheet for Armani Company Assets ARMANI COMPANY Balance Sheet December 31 Liabilities Total abilities Equity Total abilities and equity