Superior Hardwood Company distributes hardwood products to small furniture manufacturers. The adjusted trial balance data given below is from the firm's worksheet for the year ended December 31, 20X1. Credit 5, 100 48,600 14,700 ACCOUNTS Debit Cash $ 23,200 Petty Cash Fund 500 Notes Receivable, due 20X2 10,900 Accounts Receivable 87,000 Allowance for Doubtful Accounts $ Merchandise Inventory 225,000 Warehouse Supplies 2,770 Office Supplies 1,330 Prepaid Insurance 7,500 Land 37,000 Building 169,000 Accumulated Depreciation-Building Warehouse Equipment 32,500 Accumulated Depreciation-Warehouse Equipment Delivery Equipment 46,500 Accumulated Depreciation-Delivery Equipment Office Equipment 20,500 Accumulated Depreciation office Equipment Notes Payable, due 20x2 Accounts Payable Interest Payable Mortgage Payable Loans Payable, Long- term Charles Ronie, Capital (Jan. 1) 17,800 9,300 19,300 38,100 490 56,500 12,500 404,860 SA Prepare a statement of owner's equity for the year ended December 31, 20X1. No additional investr the year. SUPERIOR HARDWOOD COMPANY Statement of Owner's Equity