8. The stockholder's equity at the end of the year was A) $21,000. B) $18,000. C) $8,000. D) $2,000 The net income reported by Jenkins Catering for the year was A) $16,000. B) $11,000. C) $8,000 9. D) $3,000. 10. Stockholders' equity changed by what amount from the beginning of the year to the end of the year? A) $15,000. B) $14,000. C) $6,000 D) $3,000 11. At October 1, Bennington Enterprises reported stockholders' equity of $35,000. During October, common stock of $2,000 was issued and the company earned net income of $6,000. If the stockholders' equity of October 31 totals $40,000, what amount of dividends were paid during the month? A) SO B) $3,000. C) $4,000. D) $5,000. 12. At October 1, Bennington Enterprises reported stockholders' equity of $35,000. During October, common stock of $5,000 was issued and the company posted a net loss of $3,000. If stockholders' equity at October 31 totals $35,000, what amount of dividends were paid during the month? A) $0 B) $2,000 C) $3,000. D) $5,000. Page 3