During the financial year, lonie Coates made additional investment of $29,000 into her business, while she permitted her cousin, who assist her with the day-to-day management of the business, to take goods totalling $5,000 each month for personal use. What is the impact on equity for the financial year? O a. Declined by $31,000 O b. Increased by $24,000 O c. Increased by $31,000 O d. Declined by $24,000