Oil Field Equipment Repair Service is owned by Jack Phillips, Cash Supplies Accounts receivable Equipment Accounts payable $33,200 5,280 12,100 76,900 22,900 Use the above figures to prepare a balance sheet dated February 28, 20X1. Analyze: What is the net worth, or owner's equity, at February 28, 20x1, for Oil Field Equipment Repair Service? Analyze: What is the net worth, or owner's equity, at February 28, 20x1, for Oil Field Equipment Repair Service? Complete this question by entering your answers in the tabs below. Balance Sheet Analyze Use the above figures to prepare a balance sheet dated February 28, 20x1. OIL FIELD EQUIPMENT REPAIR SERVICE Balance Sheet February 28, 20X1 Liabilities Assets Owner's Equity Total assets $ O Total liabilities and Owner's equity $ 0 Complete this question by entering your answers in the tabs below. Balance Sheet Analyze What is the net worth, or owner's equity, at February 28, 20x1, for Oil Field Equipment Repair Service? Owner's equity