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Serenity Systems Co. offers its services to le fiscal year ended December 31, 20Y1, are as follows: Farhan Wasti, Capital Dec. 31 77,200 Jan. 1

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Serenity Systems Co. offers its services to le fiscal year ended December 31, 20Y1, are as follows: Farhan Wasti, Capital Dec. 31 77,200 Jan. 1 (20Y1) 1,336,000 Dec. 31 339,000 Farhan Wasti, Drawing Mar. 31 19,300 Dec. 31 77,200 June 30 19,300 Sept. 30 19,300 Dec. 31 19,300 Required: Score: 40/50 Serenity Systems Co. Statement of Owner's Equity For the Year Ended December 31, 20Y1 1 Farhan Wasti, capital, January 1, 2041 $1,336,000.00 2 Net income $339,000.00 19,300.00 3 Withdrawals 4 Increase in owner's equity 5 Farhan Wasti, capital, December 31, 20Y1 19,300.00 $339,000.00

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