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During 2020, its first year of operations, Sheridan's Bakery had revenues of $59400 and expenses of $34600. The business had owner's drawings of $19600. What

During 2020, its first year of operations, Sheridan's Bakery had revenues of $59400 and expenses of $34600. The business had owner's drawings of $19600. What is the amount of owner's equity at December 31, 2020, if the beginning balance was $-0-? O $24800 credit O $5200 credit O $19600 debit $0

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