Assets

Stockh

Liabilities

Accounts

Common

Accounts

Stock $+$

Revenues

Expens

$*$

$+$$$16,000$

$+$$$16,000$

$-2,000$

$+$$$4,500,+$$$2,500$

$-650$

$+$$$650$

$,+3,400$

$+$$$4,500$

$+$$$7\mathrm{.}900$

$5.-1,000$

$-1,000$

$2,100$

$-550$

$+450,-450$

$5\mathrm{.}700$

$+600$

$-5\mathrm{.}7$

$4$

$($b$)$ Determine how much stockholders' equity increased for the month.

Increase in stockholders' equity $

$($c$)$ Compute the amount of net income for the month.

Net income $