Creating a basic equity statement On December 31, Gray Co. had the following list of accounts and their respective annual balances. O Accounts Payable $ 42.800 Legal Expense $ 2.300 Accounts Receivable 39.100 O Prepaid Rent 21.200 O Beginning Capital 68.300 Rent Expense 8.300 O Cash 58.300 Supplies 18.900 O Consulting Revenue 59.900 Supplies Expense 7.500 Deferred Revenue 7.700 O Travel Expense 9,500 O Drawing 13.600 Required: Complete the statement of owner's equity below. Hint: First compute net income. Gray Company Statement of Owner's Equity For Year Ended December 31 Beginning Capital $ 68.300 (Choose one) Change in Equity Ending Capital $ 68.300