These financial statement items are for Pharoah Company at year-end, July 31, 2022. $2,200 Notes payable (due after 2023) $1,800 Salaries and wages payable Salaries and wages expense 51,200 Cash 13,300 Utilities expense 22,200 Accounts receivable 9,200 Equipment 31,100 5,600 Accumulated depreciation--equipment Owner's drawings Accounts payable 4,900 3,300 Service revenue 60,600 Depreciation expense 4,100 Rent revenue 8,800 Owner's capital (beginning of the year) 50,500 Prepare an owner's equity statement for the year. The owner did not make any new investments during the year. PHAROAH COMPANY Owner's Equity Statement $ . $ $ 4