Change in Total Equity Calculation

ABC Corporation is preparing its financial statements for the fiscal year. The management has reported the following changes during the year:

- Issuance of common stock worth $200,000.

- Payment of dividends amounting to $50,000.

- Net income reported for the year is $120,000.

Based on this information, what is the change in total equity to be reported on the Statement of Changes in Equity at year-end?