During 2025, Bigfoot Spa reported revenue of $21,000. Total expenses for the year were $14,000. Bigfoot Spa ended the year with total assets of $30,000, and it owed debts totaling $14,000. At year-end 2024, the business reported total assets of $23,000 and total liabilities of $14,000. 

Requirements 

1. Compute Bigfoot Spa’s net income for 2025. 

2. Did Bigfoot Spa’s stockholders’ equity increase or decrease during 2025? By how much?