On December 31, Green Co. had the following list of accounts and their respective annual balances.

Additional Resources

Accounts Payable$

42,200

Maintenance Expense$

4,300

Accounts Receivable48,300

Prepaid Rent16,500

Advertising Expense6,500

Rent Expense3,300

BeginningCapital55,600

Service Revenue38,500

Cash26,200

Supplies18,400

Deferred Revenue9,700

Supplies Expense2,500

Drawing20,000

Required:

Complete thestatement of owner's equitybelow.

Hint: First compute net income.

Green CompanyStatement of Owner's EquityFor Year Ended December 31Beginning Capital$

55,600

(Choose one)

Accounts Payable

Accounts Receivable

Advertising Expense

Cash

Consulting Revenue

Deferred Revenue

Drawing

Maintenance Expense

Net Income

Prepaid Rent

Rent Expense

Retained Earnings

Service Revenue

Supplies

Supplies Expense

Change in Equity

Ending Capital$

55,600