Please assist with the given problem.
Kalt Company recorded journal entries for the payment of $50,000 of dividends, the $32,000 increase in accounts receivable for services rendered, and the purchase of equipment for $21,000. What net effect do these entries have on owners' equity?
a. Decrease of $71,000.
b. Decrease of $39,000.
c. Decrease of $18,000.
d. Increase of $11,000.