Multiple Choice Question 79 The income statement for the month of June, 2020 of Pronghorn, Inc. contains the following information: Revenues Expenses $7130 Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Insurance Expense $2910 1490 750 280 110 Total expenses 5540 Net income $1590 At June 1, 2020, Pronghorn reported owner's equity of $34700. The company had no owner drawings during June. At June 30, 2020, the company will report owner's equity of $36290 $41830 $29160 $34700