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Required Information Use the following Information for problem 3 to 5 LO P2 As of December 31, 2019. Armani Company's financial records show the following items and amounts. Cash Accounts receivable Supplies Equipment Accounts payable A. Armani, Capital, Dec. 31, 2018 A. Armani, Capital, Dec. 31, 2019 A. Armani, Withdrawals Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $ 11,480 18,480 7.480 6,400 13,800 17,480 21,888 14,480 35,800 24,888 21,488 13,480 9,480 Problem 1-4A Preparing a statement of owner's equity LO P2 Required: Prepare a year-end statement of owner's equity for Armani Company. Note: The owner Invested a total of $2400 cash during the year. ARMANI COMPANY Statement of Owner's Equity For Year Ended December 31, 2019 A. Armani, Capital, December 31, 2018 10 10 A. Armani, Capital, December 31, 2019