Which of the following characteristics describes a statement of changes in owner's equity?

Incomplete Question

The income statement presents the revenues and expenses for a specific period of time. (C)

summarizes the changes in retained earnings for a specific period of timeStatement of retained earnings

reports the assets, liabilities, and stockholders' equity at a specific dateStatement of financial position

presents the revenues and expenses for a specific period of timeIncome Statement

reports the changes in assets, liabilities, and stockholders' equity over a period of timeNotes in financial statement

Its 40

Step-by-step explanation:

when you do 48-32 that is 16 then divide by 4.2

it becomes 40