Denver Hair Stylists's adjusted trial balance and income statement follow (Click on the icon to view the adjusted trial balance.) (Click on the icon to view the income statement.) Prepare Denver's statement of owner's equity for the year ended December 31, 2024. Assume the owner made no contributions during the year. Prepare the statement of owner's equity. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Exclude any zero-balance events for the period from the statement of owner's equity.) Denver Hair Stylists Statement of Owner's Equity Year Ended December 31, 2024 Denver, Capital, January 1, 2024 Denver, Capital, December 31, 2024 Data table - X Sub Cash Accounts Receivable Office Supplies Equipment 800 1,600 ent.) ons during the ye 1,900 20,100 Accumulated Depreciation-Equipment 1,400 Accounts Payable Interest Payable ow the subtotal. (E 1,000 1,100 Notes Payable Denver, Capital Denver, Withdrawals Service Revenue 3,300 9,900 600 16,700 Rent Expense 5,200 Supplies Expense 600 Depreciation Expense-Equipment 1,400 Interest Expense 1,200 33,400 $ 33,400 Print Done Reference Revenues: Service Revenue Denver Hair Stylists Income Statement Year Ended December 31, 2024 - - X ng t ubtot 16,700 Expenses: Rent Expense 5,200 Interest Expense 1,200 Depreciation Expense-Equipment 1,400 600 Supplies Expense 8,400 Total Expenses $ 8,300 Net Income (Loss) Print Done