Marcie Davies owns and operates Gemini Advertising Services. On January 1, 2018, Marcie Davies, Capital had a balance of $618,500. During the year, Marcie invested an additional $40,000 and withdrew $15,000. For the year ended December 31, 2018, Gemini Advertising Services reported a net income of $92,330. Prepare a statement of owners equity for the year ended December 31, 2018. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading.

Labels and Amounts Descriptions:

Labels For the Year Ended December 31, 2018

Amount Descriptions :

Additional investment during 2018

Decrease in owners equity

Increase in owners equity

Withdrawals

Marcie Davies, capital, January 1, 2018

Marcie Davies, capital, December 31, 2018

Net income

Net loss

Prepare a retained earnings statement for the year ended December 31, 2015. Enter all amounts as positive numbers. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. Gemini Advertising Services Retained Earnings Statement (Label) 1 2 3 4 5 Prepare a retained earnings statement for the year ended December 31, 2015. Enter all amounts as positive numbers. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. Gemini Advertising Services Retained Earnings Statement (Label) 1 2 3 4 5