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Following is selected financial information of ATV Company for the year ended December 31, 2013.
A.T. Vee, Capital, Dec. 31, 2013 . . . . . . . . . $47,000Net income . . . . . . . . . . . . . . . . . . . . . . . . . 5,000A.T. Vee, Withdrawals . . . . . . . . . . . . . . . . $ 7,000A.T. Vee, Capital, Dec. 31, 2012. . . . . . . . . . 49,000Required:
Prepare the 2013 statement of owner's equity for ATV Company.
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