On January 1 of the current year, Bob's Lawn Care Service reported owner's capital totaling $122,500. During the current year, total revenues were $96,000 while total expenses were $85,500. Also, during the current year Bob withdrew $20,000 from the company. No other changes in equity occurred during the year. If, on December 31 of the current year, total assets are $196,000, thechangein owner's capital during the year was:

An increase of $9,500.

A decrease of $30,500.

An increase of $30,500.

Impossible to determine from the information provided.

A decrease of $9,500.