The adjusted trial balance for Tybalt Construction as of December 31, 2017, follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 No. Account Title Debit Credit 101 Cash $ 5,500 104 Short-term investments 23,500 126 Supplies 8,800 128 Prepaid insurance 8,700 167 Equipment 55,000 168 Accumulated depreciation Equipment $ 27,500 173 Building 177,000 174 Accumulated depreciation-Building 59,000 183 Land 48,870 201 Accounts payable 15,500 203 Interest payable 2,400 208 Rent payable 3,300 210 Wages payable 2,800 213 Property taxes payable 900 233 Unearned professional fees 7,800 251 Long-term notes payable 66,000 301 O. Tybalt, Capital 127,300 302 O. Tybalt, Withdrawals 10,000 401 Professional fees earned 104,000 406 Rent earned 15,500 407 Dividends earned 2,100 409 Interest earned 2,400 606 Depreciation expense-Building 12,980 612 Depreciation expense-Equipment 8,250 623 Wages expense 27,500 633 Interest expense 4,300 637 Insurance expense 7,700 640 Rent expense 10,400 652 Supplies expense 7,100 682 Postage expense 2,000 683 Property taxes expense 4,900 684 Repairs expense 8,100 688 Telephone expense 2,500 690 Utilities expense 3,400 Totals $ 436,500 $ 436,500 O. Tybalt invested $5,500 cash in the business during year 2017 (the December 31, 2016, credit balance of the O. Tybalt, Capital account was $121,800). Tybalt Construction is required to make a $8,000 payment on its long-term notes payable during 2018. Prepare the statement of owner's equity for the calendar year 2017. TYBALT CONSTRUCTION Statement of Owner's Equity For Year Ended December 31, 2017 O. Tybalt, Capital, Dec. 31, 2016 0 0 $ $ 0 0. Tybalt, Capital, Dec. 31, 2017