Questlon 5 of 30 Presented below is information related to the sole proprietorship of Bill Gaits, consultant. Service revenue-2020 Total expenses-2020 Assets, January 1, 2020 Liabilities, January 1, 2020 Assets, December 31, 2020 Liabilities, December 31, 2020 Drawings -2020 $320,000 235,000 83,000 64,000 158.000 90,000 ? Prepare the 2020 owner's equity statement for Bill Gaits' consulting company. BILL GAITS, CONSULTANT Owner's Equity Statement For the Year Ended December 31, 2020 Owner's Capital, December 31 : $ ctv 26