The following information relates to Ivanhoe Co. for the year 2022. Owner's capital, January 1, 2022 $69,350 Advertising expense $2,601 Owner's drawings during 2022 8,669 Rent expense 15,026 Service revenue 91.889 Utilities expense 4,479 Salaries and wages expense 42,622 After analyzing the data, prepare an owner's equity statement for the year ending December 31, 2022. (List items that increase owner's equity first.) IVANHOE CO. Owner's Equity Statement $