During its year ended December $31,2021,$ Ocean Consulting had the following transactions with its clients $($customers$)$:

$$

On February $1,2021,$ the company received cash of $$10,000$ from clients in payment of their account balances as of December $31,2020.$

On November $1,2021,$ the company received $$4,000$ cash as payments in advance for services to be performed in $2022.$

The company received a total of $$26,000$ in cash for services that were performed during $2021.$

The company sent bills totaling $$8,000$ to clients for services performed during $2021$; this amount was unpaid as December $31,2021.$

As a result of these transactions during $2021,$ the firm's stockholders' equity will:

Multiple Choice

increase by $$40,000.$

decrease by $$10,000.$

increase by $$34,000.$

decrease by $$4,000.$