Assets - Llabilities + Stockholders' Equity Retained Earnings Accounts Receivable Supplies Equipment Revenues Expenses Dividends 1. - Accounts + Common Payable Stock $15,000 $3,000 $5,000 $800 $4,000 $8,000 Service Revenue Cash $15,000 -2,000 -800 4,000 -1,500 -1,700 -600 350 -4,800 - 1.500 -$1,700 -$600 Rent Expense Salaries/Wages Expense Utilities Expense 10- (b) Determine how much stockholders' equity increased for the month. Increase in stockholders' equity T -450 (c) Compute the amount of net income for the month Net income