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[The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Companys records show the following. Hint: The owner invested $2,600 cash during the year.

Cash	$ 11,600
Accounts receivable	10,600
Supplies	7,600
Equipment	6,600
Accounts payable	14,200
Armani, Capital, December 31, prior year	17,600
Armani, Capital, December 31, current year	22,200
Armani, Withdrawals	14,600
Consulting revenue	36,200
Rental revenue	25,200
Salaries expense	21,600
Rent expense	13,600
Selling and administrative expenses	9,600

Required: Prepare the statement of owner's equity for Armani Company for the current year ended December 31.

Armani Company

Statement of Owners Equity

For Current Year Ended December 31st

Armani Capital : December 31st. prior year -

Add: Net Income -

Add: Investments by owner -

Less: Withdrawals by owner -

Armani, Capital, December 31st, Current year -