The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,475 on January 1, 2019, and $52,425 on December 31, 2019. The expense accounts numbered 611 through 617 represent selling expenses, and those numbered 631 through 646 represent general and administrative expenses.

Accounts 401 Sales 451 Sales Returns and Allowances 491 Miscellaneous Income 501 Purchases 502 Freight In 503 Purchases Returns and Allowances 504 Purchases Discounts 611 Salaries Expense-Sales 614 Store Supplies Expense 617 Depreciation Expense-Store Equipment 631 Rent Expense 634 Utilities Expense 637 Salaries Expense-Office 640 Payroll Taxes Expense 643 Depreciation Expense-office Equipment 646 Uncollectible Accounts Expense 691 Interest Expense $ 247,000 Cr. 4,320 Dr. 370 Cr. 103,300 Dr. 1,945 Dr. 3,570 Cr. 1,770 Cr. 45,000 Dr. 2,280 Dr. 1,480 Dr. 13,200 Dr. 2,970 Dr. 20,800 Dr. 5,700 Dr. 540 Dr. 690 Dr. 680 Dr. The worksheet of Bridget's Office Supplies contains the following owner's equity accounts. No additional investments were made during the period. Accounts 301 Bridget Swanson, Capital 302 Bridget Swanson, Drawing $63,460 Cr. 40,550 Dr. Net income for the year $42,755. Prepare a statement of owner's equity for the year ended December 31, 2019. BRIDGET'S OFFICE SUPPLIES Statement of Owner's Equity Bridget Swanson, Capital, January 1, 2019 Net income for year Less withdrawals for year Decrease in Capital Bridget Swanson, Capital, December 31, 2019 $ 0 $ 0