Transcribed image text : Solected accounts from the ledger of Masterpiece Arts for the fiscal year onded April 30, 20Y2, are as follows: Requlred: Prepare a statement of owner's equily for the year. No additional investments were made during the year. Be sure to complete the statement heading. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss has been incurred or there has been a decrease in owner's equity, enter that amount as a negative number using a minus sign. Labels April 30 , 20 Y 2 For the Year Ended April 30, 20 Y2 Amount Descriplions Angelo Phelps, capital, April 30, 20 Y2 Angelo Phelps, capital, May 1, 20Y1 Decrease in owner's equity Increase in owner's equity Net income Net loss Withdrawals Prepare a stafement of owner's equity for tho yoar. No addilonal imvestments wore made during the year. Be sure to complete the stafement heading. Refor to the ist of Labols and Amount Descripbions for the exact wording of the answer chokes for text entries. If a not loss has been incurred or there has boen a decrease in owner's equly, enter that amount as a negative number using a minus sign