An analysis of the transactions made by Wildhorse & Co$.,$ a certified public accounting firm, for the month of August is shown as follows. The expenses were $$600$ for rent, $$3,800$ for salaries and wages, and $$600$ for utilities.

A$.$ Determine how much owner's equity increased for the month.

Net increased in owner's equity $=$

B$.$ Conpute the amount of net income for the month.

Net income $=$