At Ryan's company, the beginning capital totaled $20,000, the investment by owner totaled $8,000, the net income totaled $10,000 and the drawings totaled $6,000. Using these figures, Ryan calculated the business's ending owner's equity, which totaled __________.

• a.)

  $32,000

• b.)

  $22,000

• c.)

  $44,000

• d.)

  $16,000