The account balances of Inner Harbor Padding Company on December 31, 2020 is shown below with the accounts in alphabetical order: Accounts payable 29,500 Accounts receivable 19,000 Accumulated depreciation - equipment 26,280 Cash 11,000 Cost of goods sold I 575,500 Depreciation expense 11,170 Equipment 65,700 Insurance expense 2,900 Interest expense 2,000 Interest revenue 960 Inventory 57,000 Notes payable (due in 2024) 38,990 Notes receivable (due in 2021 33,260 Rent expense 15,500 Sales 686,000 Supplies expense 5,600 Unearned revenue 5,900 Bruce, capital (no capital investments in 72,200 year) Bruce, drawings 61,200 Required (3 marks) Prepare a statement of Owner's Equity for the year ended December 31, 2020 in good form. Note: Due to the limitations of D2L, double underlines will not an option but single underlines can be used. MacBook Air