create a statement of owner's equity for the year ended April 30, 20Y7. Jerome Foley, the owner, invested an additional $60,000 in thebusinessduring the year and withdrew cash of $27,000 for personal use. Jerome Foley, capital as of May 1, 20Y6, was $657,000. Be sure to complete the statement heading. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. If required, use the minus sign to indicate any decreases in equity.