On January 1, 2014, Alicia Masingale established Leopard Realty, which completed the following transactions during the month:

Alicia Masingale transferred cash from a personal bank account to an account to be used for the business, $23,500.

Paid rent on office and equipment for the month, $4,000.

Purchased supplies on account, $1,800.

Paid creditor on account, $675.

Earned sales commissions, receiving cash, $16,750.

Paid automobile expenses (including rental charge) for month, $1,000, and miscellaneous expenses, $800.

Paid office salaries, $2,150.

Determined that the cost of supplies used was $925.

Withdrew cash for personal use, $1,600.

Assuming a beginning balance of zero, determine the total increase or decrease in owner's equity for January.