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)187,000(b)43,000(d)27,000(e)670(g)2,700(h)10,700(i)4,700Equipment(c)77,000Accounts Receivable(f)9,400(g)2,700Accounts Payable(c)77,000Supplies(b)43,000Scott Hamilton, Capital(a)187,000Fees Income(d)27,000(f)9,400Telephone Expense(e)670Scott Hamilton, Drawing(i)4,700Salaries Expense(h)10,700

Required:

a statement of owner's equity and a balance sheet for Residential Relocators as of December 31, 20X1.