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Brenda Tooley owns and operates Speedy Delivery Services. On January 1 , 2 0 Y 7 , Brenda Tooley, Capital had a balance of $

Brenda Tooley owns and operates Speedy Delivery Services. On January 1,20Y7, Brenda Tooley, Capital had a balance of $860,500. During the year, Brenda invested an additional $17,000 in the business and withdrew $12,000 for personal use. For the year ended December 31,20Y7, Speedy Delivery reported a net income of $66,750.
Required:
Prepare a statement of owner's equity for the year ended December 31,20Y7.

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