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This questione 10 points possible Submit test Daniel 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 Danie's statement of owner's equity for the year onded December 31, 2024. Assume the owner made to contributions during the year THESE Prepare the statement of owner's quity. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal (Sedude any pero balance events for the period from the statumant on owner's equity) Daniel Hair Stylists Statement of Owner's Equity Year Ended December 31, 2024 Daniel Capital January 1, 2024 Net income for the year Owner withdrawal Daniel Capital, Decomber 31, 2024 Daniel Hair Stylists Income Statement ance $ 15,100 Year Ended December 31, 2024 Revenues: Service Revenue Expenses: Rent Expense $ Interest Expense Depreciation Expense-Equipment Supplies Expense Total Expenses 4,000 1,700 1,600 200 7,500 Net Income (Loss) $ 7,600 Data table Daniel Hair Stylists Adjusted Trial Balance December 31, 2024 Balance Debit Credit Account Title Cash 500 Accounts Receivable 1,100 400 19,400 $ 1,600 Office Supilties Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Daniel, Capital 600 1,000 3,300 9,100 Daniel. Withdrawals 1.800 - X - Data table atel end 400 19,400 ; $ 1,600 Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Daniel, Capital 600 1,000 3,300 9.100 Daniel, Withdrawals 1,800 Service Revenue 15,100 Rent Expense 4,000 200 Supplies Expense Depreciation Expense-Equipment 1,600 Interest Expense 1,700 Total $ 30,700 $ 30,700 Print Done