how much did owners equity increase for the month ? what is the net income for the month ?

2 An analysis of the transactions made by Arthur Cooper & Co, a certified public accounting firm, for the month of August is shown below. The expenses were $750 for rent $5,200 for salaries and wages, and $400 for utilities Cash Accounts Accounts + Supplies - Equipment = Owner's Owner's Receivable Payable Capital + Revenues "Expenses Drawings $14,700 $14,700 -2,000 54,100 $2,100 3. -700 $700 4,400 $4,200 58,600 5. -1.600 -1.600 -2.400 -5750 -350 -5,200 -5.200 10. 4 -750 8 350 9 400 Determine how much owner's uity increased for the month Net increase in owner's equity 5