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Presented below is information related to the sole proprietorship of Alice Henning, attorney. Legal service revenue-2017 Total expenses-2017 Assets, January 1, 2017 Liabilities, January 1,

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Presented below is information related to the sole proprietorship of Alice Henning, attorney. Legal service revenue-2017 Total expenses-2017 Assets, January 1, 2017 Liabilities, January 1, 2017 Assets, December 31, 2017 Liabilities, December 31, 2017 Drawings-2017 $333,000 215,000 98,000 56,000 173,000 109,000 Prepare the 2017 owner's equity statement for Alice Henning's legal practice. (List items that increase owner's equity first. ALICE HENNING, ATTORNEY Owner's Equity Statement

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