Mune Company Recorded Journal Entries for the Declaration of $150,000

Multiple Choice

Mune Company recorded journal entries for the declaration of $150,000 of dividends, the $96,000 increase in accounts receivable for services rendered, and the purchase of equipment for $63,000. What net effect do these entries have on owners' equity?

A) Decrease of $213,000.
B) Decrease of $117,000.
C) Decrease of $54,000.
D) Increase of $33,000.