Pharoah Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Pharoah Company. Accounts payable Accounts receivable $95,000 88,500 N. Woods, capital, October 1, 2024 $36,300 N. Woods, drawings 5,500 Advertising expense 3,800 Rent expense 2,400 Cash 54,000 Service revenue 23,400 PHAROAH COMPANY Statement of Owner's Equity Month Ended October 31, 2024 N. Woods, Capital, October 1 $36,300 Add: Profit for the month 17,200 53,500 Less: Drawings 5,500 N. Woods, Capital, October 31 $47,500