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Unit Ill Lab Assignment Question 18 of 20 - /2 5 View Policies Current Attempt in Progress The adjusted trial balance of Cullumber Company at December 31, 2022, includes the following accounts: Owner's Capital $16,500. Owner's Drawings $7.800, Service Revenue $38,300. Salaries and Wages Expense $16.800, Insurance Expense $1,800, Rent Expense $3,900. Supplies Expense $2,500, and Depreciation Expense $1,900. The balance in Owner's Capital is the balance as of January 1. Prepare an owner's equity statement for the year assuming net income is $11,400 for the year. (List items that increase owner's equity first.) CULLUMBER COMPANY Owner's Equity Statement For the Year Ended December 31. 2022 v Total Revenues 38300 add v Expenses $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit