Jarvis began operations on January $1,$ Year $1$ with an owner investment of $$10,400.$ There have been no additional owner investments. In its first two years of operations, it reported the following at its December $31$ year$-$end.

Year $1$ Year $2$

Net income $ $30,600$ $ $51,000$

Jarvis, Withdrawals $ $9,080$ $ $14,280$

$($a$)$ Prepare the statement of owner's equity for Year $1$ at its December $31$ year end.

$($b$)$ Prepare the statement of owner's equity for Year $2$ at its December $31$ year end.