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11 eBook Show Me How 5 Calculator Statement of Owner's Equity . . Serenity Systems Co. offers its services to residents in the Minneapolis area. Selected accounts from the ledger of Serenity Systems Co. for the fiscal year ended December 31, 20Y1, are as follows: Farhan Wasti, Capital Farhan Wasti, Drawing Dec. 31 41,600 Jan. 1 (20Y1) 794,600 Mar. 31 10,400 Dec. 31 41,600 Dec. 31 416,000 June 30 10,400 10,4001 Dec. 31 10,400 Prepare a statement of owner's equity for the year. Sept. 30 O Serenity Systems Co. Statement of Owner's Equity For the Year Ended December 31, 20Y1 Farhan Wasti, capital, January 1, 2011 Net income $ Withdrawals Increase in owner's equity Do Farhan Wasti, capital, December 31, 2011 Feedback