The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. The entries for the first transaction are labeled with the letter (a), the entries for the second transaction with the letter (b), and so on. Cash (a) 186,000 (b) 42,000 (c) Equipment 76,000 (d) 26,000 (e) (g) 2,600 (h) 660 10,600 4,600 Accounts Payable Supplies (c) 76,000 (b) 42,000 Accounts Receivable 9,200 (g) 2,600 Scott Hamilton, Capital (a) 186,000 Fees Income Telephone Expense Scott Hamilton, Drawing 32 (d) 26,000 660 (i) 4,600 (f) 9,200 (h) Salaries Expense 10,600 Required: Prepare a statement of owner's equity and a balance sheet for Residential Relocators as of December 31, 20X1. Complete this question by entering your answers in the tabs below. Stmt of Owners Eqty Balance Sheet Prepare a statement of owner's equity for Residential Relocators as of December 31, 20X1. RESIDENTIAL RELOCATORS Statement of Owner's Equity Month Ended December 31, 20X1 $ 186,000 Scott Hamilton, Capital, Dec. 1, 20X1 Net income for December Less: Withdrawals for December Increase in Capital Scott Hamilton, Capital, Dec. 31, 20X1 0 $ 186,000 < Stmt of Owners Eqty Balance Sheet >