Sloan Engineering started 2024 with total assets of $23,000 and total liabilities of $6,000. At the end of 2024, Sloan's total assets stood at $30,000 and total abilities were $8,000 Requirements 1. Did the owner's equity of Sloan Engineering increase or decrease during 20247 By how much? 2. Identify the four possible reasons that owner's equity can change. Requirement 1. Did the owner's equity of Sloan Engineering increase or decrease during 20247 By how much? (Enter a decrease with a minus sign or parentheses) The change in owner's equity during the year is