On June 1 of the current year, Pamela Schatz established a business to manage rental property. She completed the following transactions during June:

1. Opened a business bank account with a deposit of $44,000 from personal funds.
2. Purchased office supplies on account, $3,280.
3. Received cash from fees earned for managing rental property, $9,220.
4. Paid rent on office and equipment for the month, $4,030.
5. Paid creditors on account, $1,490.
6. Billed customers for fees earned for managing rental property, $7,470.
7. Paid automobile expenses (including rental charges) for the month, $900, and miscellaneous expenses, $450.
8. Paid office salaries, $2,840.
9. Determined that the cost of supplies on hand was $1,940; therefore, the cost of supplies used was $1,340.
10. Withdrew cash for personal use, $2,690.
11. what is the woner equity by june 30.