Statement of Owner's Equity

Serenity Systems Co. offers its services to residents in the Minneapolis area. Selected accounts from the ledger of Serenity Systems Co. for thefiscal yearended December 31, 20Y1, are as follows:

Farhan Wasti, CapitalFarhan Wasti, DrawingDec. 3198,000Jan. 1 (20Y1)1,502,000Mar. 3124,500Dec. 3198,000Dec. 31385,000June 3024,500Sept. 3024,500Dec. 3124,500

Prepare a statement of owner's equity for the year.

Serenity Systems Co.Statement of Owner's EquityFor the Year Ended December 31, 20Y1