The income statement for the year 2020 of Tamarisk Co. contains the following information:

Revenues		$71100
Expenses:
Salaries and Wages Expense	$45400
Rent Expense	11700
Advertising Expense	10200
Supplies Expense	5500
Utilities Expense	2300
Insurance Expense	2000
Total expenses		77100
Net income (loss)		$ (6000)

At January 1, 2020, Tamarisk reported owners equity of $49000. Owner drawings for the year totalled $9000. At December 31, 2020, the company will report owners equity of

$40000.

$43000.

$34000.

$22000.