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Palm Company had the following account balances at the end of the year 2019: Cash $ 5,000 Accounts Payable 9,600 Owner's Capital (end of year)

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Palm Company had the following account balances at the end of the year 2019: Cash $ 5,000 Accounts Payable 9,600 Owner's Capital (end of year) ?7 Accounts Receivable 2,000 Inventory 8,500 Service Revenue 14,800 Equipment 11,600 Prepaid Insurance 3,000 Salaries Expense 4,300 K Bonds Payable 7,800 What is the amount of Owner's Capital at the end of the year

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