Statement of Owner's Equity

The revenues and expenses of Zenith Travel Service for the year ended August $31,20$Y$4,$ follow:

Fees earned

$$878,110$

Office expense

$201,965$

Miscellaneous expense

$17,560$

Wages expense

$421,495$

$$33,400$ for personal use. Megan Cox, capital as of September $1,20Y3,$ was $$237,000.$

Zenith Travel Service

Statement of Owner's Equity

For the Year Ended August $31,20Y4$

Megan Cox, capital, September $1,20$Y$3$ $

Net income for the year

: