On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April:

1. Opened a business bank account with a deposit of $60,000 in exchange for common stock.
2. Purchased office supplies on account, $1,800.
3. Received cash from fees earned for managing rental property, $22,300.
4. Paid rent on office and equipment for the month, $7,000.
5. Paid creditors on account, $1,100.
6. Billed customers for fees earned for managing rental property, $3,600.
7. Paid automobile expenses for month, $750, and miscellaneous expenses, $1,000.
8. Paid office salaries, $4,000.
9. Determined that the cost of supplies on hand was $250; therefore, the cost of supplies used was $1,550.
10. Paid dividends, $5,000.

4. How much did Aprils transactions increase or decrease stockholders equity?