Amicho$$Deli started $2016$ with total assets of $ $22,000$ and total liabilities of $$8,000.$ At the end of $2016,$ Amicho's total assets stood at $$15,000$ and total liabilities were $$9,000.$

Requirements

$1.$ Did the$$owner$\text{'}$s equity of Amicho Deli increase or decrease during $2016?$ By how$$much$?$

$2.$ Identify the four possible reasons that$$owner$\text{'}$s equity can change.