Statement of Owner's Equity The revenues and expenses of Sentinel Travel Service for the year ended August 31, 2019, follow: Fees earned Office expense Miscellaneous expense Wages expense $910,715 209,465 18,215 437,145 Prepare a statement of owner's equity for the year ended August 31, 2019. Barb Schroeder, the owner, invested an additional $54,600 in the business during the year and withdrew cash of $34,600 for personal use. Barb Schroeder, capital as of September 1, 2018, was $246,000 Sentinel Travel Service Statement of Owner's Equity For the Year Ended August 31, 2019 Barb Schroeder, capital, September 1, 2018 Additional investment by owner during the year Net income for the year Withdrawals Increase in owner's equity Barb Schroeder, capital, August 31, 2019 910,715 54,600 245,890 34,600 225,890 1,136,605