Required information [The following information applies to the questions displayed below.] Assume for each of the following independent cases that the annual accounting period ends on December 31. Revenues for the year were $146,000. Expenses for the year were $166,000. Case A: Assume that the company is a sole proprietorship owned by Proprietor A. Prior to the closing entries, the capital account reflects a balance of $58,000 and the drawing account shows a balance of $6,000. Case B: Assume that the company is a partnership owned by Partner A and Partner B. Prior to the closing entries, the owners' equity accounts reflect the following balances: A, Capital, $56,000; B, Capital, $56,000; A, Drawings, $15,000; and B, Drawings, $17,000. Profits and losses are divided equally. Case C: Assume that the company is a corporation. 2. Show how the statement of owners' equity would appear at December 31 for Case A and Case B. Case A: Sole Proprietorship Statement of Owner's Equity Total