Required information As of December 31, 2019, Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies $11,200 10,200 7,200 Equipment) 6,200 Accounts payable 13,400 A. Armani, Capital, Dec. 31, 2018 17,200 A. Armani, Capital, Dec. 31, 2019 21,400 A. Armani, Withdrawals 14,200 Consulting revenue 35,400 Rental revenue 24,400 Salaries expense 21,200 Rent expense 13,200 Selling and administrative expenses 9,200 Required: Prepare a year-end statement of owner's equity for Armani Company. Note: The owner invested a total of $2,200 cash during the year. ARMANI COMPANY Statement of Owner's Equity For Year Ended December 31, 2019 A Armani, Capital, December 31, 2018 Add: Owner's investment Add: Net income $ 17,200 17,200 Loss: Withdrawals by Owner A. Armani, Capital, December 31, 2019 $ 21.400