Question 38 (10 points) Prepare an Owner's Equity Statement for the month ended December 31, 20XX, for the Beam Company based on the following data. You will need to compute the net income for the current period. There were no additional investments. Salaries Expense $3,000 Advertising Expense 1,400 Revenue from Services 12,500 John Beam Capital, Dec. 1 36,000 Insurance Expense 2,300 Supplies Expense 670 John Beam, Drawing 4,250 I Search or type URL & 7 3 4 5 6 8 9 0 E 20 T Y Y U o