The adjusted trial balance data given below is from the Hampton Company's worksheet for the year ended December 31, 2019. The firm had net income of $47,000 for the year. Prepare a statement of owner's equity for the year. No additional investments were made during the period.

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The Answer of The adjusted trial balance data given below is from the Hampton Company's worksheet for the year ended December 31, 2019. The firm had net income of $47,000 for the year. Prepare a statement of owner's equity for the year. No additional investments were made during the period.

The Adjusted Trial Balance Data Given Below Is from the Hampton