These financial statement items are for Cullumber Company at year-end, July 31, 2020. Salaries and wages payable Salaries and wages expense Utilities expense Equipment Accounts payable Service revenue Rent revenue $2,400 51,400 22,300 30,700 4,600 61,100 8,100 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation-equipment Owner's drawings Depreciation expense Owner's Capital (beginning of the year) $1,900 14,800 9,600 6,100 3,900 3.800 52,300 Your answer is partid Prepare an owner's equity statement for the year. CULLUMBER COMPANY Owner's Equity Statement For the Year Ended July 31, 2020 $ Drawings $