The following are the trial balance and the other information related to Bruce Indigo, who operates a construction hauling business.

INDIGO TRIAL BALANCE DECEMBER 31, 2020
		Debit			Credit
Cash		$31,000
Accounts Receivable		49,400
Allowance for Doubtful Accounts					$2,900
Supplies		3,080
Prepaid Insurance		1,600
Equipment		26,500
Accumulated DepreciationEquipment					6,250
Notes Payable					4,800
Owners Capital					45,760
Service Revenue					93,050
Rent Expense		10,400
Salaries and Wages Expense		28,800
Utilities Expenses		1,180
Office Expense		800
		$152,760			$152,760

1.		Fees received in advance from clients $4,400, which were recorded as revenue.
2.		Services performed for clients that were not recorded by December 31, $4,300.
3.		Equipment is being depreciated at 8% per year.
4.		Bad debt expense for the year is $1,260.
5.		Insurance expired during the year $480.
6.		Indigo gave the bank a 90-day, 5% note for $4,800 on December 1, 2020.
7.		Rent of the building is $800 per month. The rent for 2020 has been paid, as has that for January 2021.
8.		Office salaries and wages earned but unpaid December 31, 2020, $1,400.

Indigo withdrew $10,500 cash for personal use during the year.

Prepare a statement of owners equity for 2020. (List items that increase owner's equity first.)