The adjusted trial balance of Orlole Company at December $31,2022,$ includes the following accounts: Owner's Capital $$17,200,$

Owner's Drawings $$7,200,$ Smace Revemue $$3,600,$ Salaries and Wages Expense $$16,700,$ Insurance Expense $$2,600,$ Rent Expense

$$4,500,$ Supplies Expense $$2,100,$ and Depreciation Expense $$1,500.$ The balance in Owner's Capital is the balance as of January $1.$

Prepare an owner's equity statement for the year assuming net income is $$9\mathrm{.}500$ for the year. $($List litems that increase owner's equity

first.$)$

ORIOLE COMPANY

Owner's Equity Statement