2. (5 points) Marcy recorded entries for (1) the issuance of common stock for $250,000, (2) the payment of $45,000 of accounts payable, (3) the collection of $25,000 of accounts receivable, (4) the incurrence and payment of $10,000 of utilities expense, and (5) the declaration of a $10,000 dividend on Marcy's common stock. What net effect do these five entries have on M's total owners' equity? Make sure your final answer (a) is one net dollar amount AND (b) indicates if total owners' equity is increased OR decreased by your net dollar amount.