Prepare a statement of owner's equity for the year ended October 31 , 2016 . No additional investments were made during the year . If a net loss has been incurred or there has been a decrease in owner's equity , enter that amount as a negative number using a minus sign . Be sure to complete the statement heading . Use the list of Labels and Amount Descriptions for the correct wording of text items . Alert Security Services CO. Statement of Owner's Equity