Prepare a statement of owners equity for the year. Mr. Blossom invested $5,300 cash in the business during the year. (List items that increase owner's equity first.)

The adjusted trial balance for Blossom's Animations is presented below. Credit BLOSSOM COMPANY Adjusted Trial Balance December 31, 2021 Debit Cash $3,300 Accounts receivable 4,700 Prepaid expenses 2,800 Equipment 49,000 Accumulated depreciation-equipment Accounts payable Unearned revenue M. Blossom, capital M. Blossom, drawings 17,000 Service revenue Rent expense 9,000 Salaries expense 24,100 Supplies expense 2,100 Depreciation expense 6,125 $118,125 $18,375 5,600 10,300 19,650 64,200 $118,125 Prepare an income statement for the year. Mr. Blossom invested $5,300 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) BLOSSOM COMPANY Income Statement $ $ $ $ > $ BLOSSOM COMPANY Balance Sheet Assets $ $