Statement of charges in owner's equity

Beginning Balance	$5,000
Net Income	$12,000
Drawings	?
Ending Balance	$14,500

What is the total owner drawings in the statement of changes in owner's equity that Cindy drafted for her grocery store, shown here?

• a.)

  $17,000

• b.)

  $1,500

• c.)

  $9,500

• d.)

  $2,500