For each scenario listed below, (i) Identify if the transaction will affect Owners Equity (and if so is that an increase or decrease) and (ii) Justify your reasoning.

Personally deposited $3,000 from your personal savings into the business account.

The value of your land increased by $9,700 from last year.

Increased your operating loan to purchase $27,000 worth of hay.

Made a $2,700 family living withdrawal from the business account.