Question: ! ( Required information ( Th [ The following information applies to the questions displayed below. ] Lawson Consulting, which began operations on December 1

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Lawson Consulting, which began operations on December 1, had the following accounts and amounts on December 31.
The I. Lawson, Capital account balance at December 1 was $0 and the owner invested $21,170 cash in the company on
December 2. On December 31, the company's accounts and amounts for the month of December are shown in the table
below:
Use the above information to prepare a December statement of owner's equity for Lawson Consulting. Hint. Net income for December
is $5,400.
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