During 2020, its first year of operations, Aida's bakery had revenues of $65,000 and expenses of $35,000. The business had owners drawings or...

During 2020, its first year of operations, Aida's bakery had revenues of $65,000 and expenses of $35,000. The business had owners drawings or dividends of $22000. What is the amount of owners equity at December 31, 2020, if the beginning balance was $-0-?

a. $220,000 debit

b. 8,000 credit

c. $0

d. 30,000 credit