The revenues and expenses of Ousel Travel Service for the year ended November 30, 2016, follow.

Accounts (revenue and expense items)
Fees earned	$746,500
Office expense	295,700
Miscellaneous expense	10,400
Wages expense	450,200

Prepare a statement of owners equity for the year ended November 30, 2016. Shane Ousel, the owner, invested an additional $37,000 in the business during the year and withdrew cash of $19,000 for personal use. Shane Ousel, capital as of December 1, 2015, was $380,000. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or there is a decrease in owners equity, enter that amount as a negative number using a minus sign.