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The beginning capital of CDS Trading is P728,000. During the year the owner made an additional investment of P20,000 and withdrew P35,000 for personal

The beginning capital of CDS Trading is P728,000. During the year the owner made an additional investment of P20,000 and withdrew P35,000 for personal use. Net income during the year amounted to P45,000. Prepare the statement of changes in owner's equity for the year ended December 31, 2021.

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