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Statement of Owner's Equity Financial information related to Pegasus Products Company, a proprietorship, for the month ended April 30, 2017, is as follows: Net income for April $78,850 Brian Walinsky's withdrawals during April 8,670 Brian Walinsky's, capital, April 1, 2017 601,600 a. Prepare a statement of owner's equity for the month ended April 30, 2017. Pegasus Products Company Statement of Owner's Equity For the Month Ended April 30, 2017 b. Why is the statement of owner's equity prepared before the April 30, 2017, balance sheet? The statement of owner's equity is prepared before the April 30, 2017, balance sheet because the balance sheet account balance is needed for the tv AA MacBook Air