Required information Required:

Prepare the statement of owner's equity for Armani Company for the current year ended December

Required:

Prepare the current year$-$end balance sheet for Armani Company.

$[$The following information applies to the questions displayed below.$]$

As of December $31$ of the current year, Armani Company's records show the following. Hint. The owner invested $$1,000$

cash during the year.