Antonios Advertising started a business in 2024 with total assets of $50,000 and total liabilities of $18,000. At the end of 2024, Antonios Advertisings total assets were $39,000 and total liabilities were $10,000.After analyzing the data, answer the following questions:

What was the amount of the increase or decrease in shareholders equity?

Identify two possible reasons for the change in shareholders equity during the year.