An equation analysis of the transactions made during August 2018 (the first month of the fiscal year).

Question) Determine how total shareholder's equity increased for the month of August?

Retained Earnings Accum. Dep. Accounts Payable Equipment Common Shares Dividends Declared + + Bal. + Revenues Expenses $11,000 $660 $2,200 $ 20,040 $ 1.900 $0 +5,000 +5.200 +4,200 +9,800 (1.400) (2,004 (760) (2,400) (140) 1,200 (1,200) +460 (460) (360) Accounts + Receivable Accum. Dep. Accounts Payable Common Shares + + E Cash + Supplies + Equipment Jul. 31 Bal. $ 11,000 $ 2,700 $100 $ 11,000 $ 20,040 $660 $2,200 1. (1) +5,000 5,000 (2) +4,200 +5,200 (1.000) (760) (3) + 760 + (4) 4,400 +5,400 (5) (1,400) (1400) (6) (2004) (7) (760) (8) + 500 (500) (9) (2,400) (10) (140) (11) 1,200 +460 (12) (13) (360)