The worksheet of Bridget's Office Supplies contains the following revenue, cost, and expense accounts. The merchandise inventory amounted to $59,575 on January 1, 2019, and $52,525 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	$	247,500	Cr.
451	Sales Returns and Allowances		4,330	Dr.
491	Miscellaneous Income		380	Cr.
501	Purchases		103,400	Dr.
502	Freight In		1,955	Dr.
503	Purchases Returns and Allowances		3,580	Cr.
504	Purchases Discounts		1,780	Cr.
611	Salaries ExpenseSales		45,100	Dr.
614	Store Supplies Expense		2,290	Dr.
617	Depreciation ExpenseStore Equipment		1,490	Dr.
631	Rent Expense		13,300	Dr.
634	Utilities Expense		2,980	Dr.
637	Salaries ExpenseOffice		20,900	Dr.
640	Payroll Taxes Expense		5,800	Dr.
643	Depreciation ExpenseOffice Equipment		550	Dr.
646	Uncollectible Accounts Expense		700	Dr.
691	Interest Expense		700	Dr.

The worksheet of Bridget's Office Supplies contains the following owners equity accounts. No additional investments were made during the period.

	Accounts
301	Bridget Swanson, Capital	$	63,560	Cr.
302	Bridget Swanson, Drawing		40,600	Dr.

Net income for the year $42,695. Prepare a statement of owner's equity for the year ended December 31, 2019.