A tabular analysis of the transactions made during August 2010 by Witten Company during its first month of operations is shown below. Each increase and decrease in stockholders' equity is explained.


Assets

=
Liabilities

+
Stockholders' Equity


Cash

+
Accounts Receivable

+
Supplies

+
Office Equipment

=
Accounts Payable

+
Common Stock

+
Retained Earnings


Rev.

-
Exp.

-
Div.


1. $20,000 $20,000 Com. Stock
2. -1,000 $5,000 $4,000
3. -750 $750
4. 4,400 $5,400 $9,800 Serv. Rev
5. -1,500 -1,500
6. -2,000 -2,000 Div.
7. -800 -800 Rent Exp.
8. 450 -450
9. -3,000 -3,000 Sal. Exp.
10. 500 -500 Util. Exp.
Determine how much stockholders' equity increased for the month.