Use the Following Information to Answer Exercises Below

Use the following information to answer Exercises below
Inventive Creations Co. (ICC) is preparing their budgeted financial statements for the coming year, and has accumulated the following data:
Beginning-of-period balances:
Cash: $55,000
Accounts Receivable: $30,000
Raw Materials Inventory: $20,000
Work in Process Inventory: $100,000
Finished Goods Inventory: $10,000
Equipment (historical value): $250,000
Accumulated Depreciation: $125,000
Accounts Payable: $25,000
Estimates for end-of-period balances:
Accounts Receivable: $40,000
Raw Materials Inventory: $15,000
Work in Process Inventory: $80,000
Finished Goods Inventory: $7,000
Accumulated Depreciation: $120,000
Accounts Payable: $20,000
Budgeted activity levels for the period:
Sales: 15,000 units, at a sales price of $175/unit
Purchases of Direct Materials: $300,000
Direct Labor Wages: $150,000
Manufacturing Overhead: $1,000,000
Selling and Administrative Expenses: $900,000
All sales are on account. Only raw materials are purchased on account. The company has no debt aside from current liabilities. ICC has planned to purchase new equipment worth $30,000, and to sell equipment for $8,000 (Original purchase price $25,000, accumulated depreciation $15,000) to help finance the purchase.
-What is the amount of the budgeted change to Owners Equity (assuming no dividends are planned and ignoring taxes)?