Prepare a statement of owner's equity for the year ended August 31, 2019. Barb Schroeder, the owner, invested an additional $55,000 in the business during the year and withdrew cash of $34,800 for...

Extracted text: Prepare a statement of owner's equity for the year ended August 31, 2019. Barb Schroeder, the owner, invested an additional $55,000 in the business during the year and withdrew cash of $34,800 for personal use. Barb Schroeder, capital as of September 1, 2018, was $247,000. Sentinel Travel Service Statement of Owner's Equity For the Year Ended August 31, 2019