Serenity Systems Co. offers its services to residents in the Minneapolis area. Selected accounts from the ledger of Serenity Systems Co. for the 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:

Prepare a statement of owners equity for the year. No additional investments were made during the year. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss has bee