Question: With respect to the balance sheet, an increase in equity of $ 2 , 0 0 0 with an increase in net income to $

With respect to the balance sheet, an increase in equity of $2,000 with an increase in net income to $2,500, leads us to believe:
Question 4 options:
a)
The firm paid a dividend of $500
b)
The firm plowed $500 back into the company
c)
$500 went into retained earning
d)
Debt increased by $2,000

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