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At the beginning of the year a company's balance sheet reported the following balances Total Assets $195.000 Total Labs $85.500, and Owner's Capital - $109.500.

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At the beginning of the year a company's balance sheet reported the following balances Total Assets $195.000 Total Labs $85.500, and Owner's Capital - $109.500. During the year, the company reporters of $52.300 and for the year totaled $22,800. Assuming no other changes to owner's capital, the balance in the owner's capital account the end of the yer would be 6400 O

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