Life Photography Statement of Owner's Equity Year Ended December 31, 2024 Ward, Capital, January 1, 2024 Net income for the year Owner contribution Owner withdrawal Ward, Capital, December 31, 2024 81600 33000 -17000 Insurance Expense Cash Accounts Payable Advertising Expense Service Revenue Ward, Withdrawals $ Accounts Receivable Notes Payable Ward, Capital, Dec. 31, 2024 Salaries Expense Equipment 14,000 43,000 13,000 1,800 90,000 17,000 Owner contribution Print Done $ 9,000 12,000 2 30,000 48,200 33,000