On January 1 of the current year, Jimmy's Sandwich Company reported total equity of $122,500. During the current year, total revenues were $96,000, while total expenses were $105,500. No other changes in equity occurred during the year. The change in total equity during the year was: Multiple Choice An increase of $9,500. A decrease of $30,500. An increase of $73,500. A decrease of $9,500. An increase of $30,500.