Assume the owner of JoJo Company, Jo Johnson, has capital of $40,000 on January 1, 20Y9 and net income for the company as determined on the income statement for December 31, 20Y9 of $27,775 Further assume the Mr. Johnson invested an additional $25,000 in the business and withdrew $15,000 for personal use. What would be the amount for Jo Johnson, capital on December 31, 2019 as determined by the statement of owner's equity? O $77,775 $107,775 $67,775 O $80,000 1