Accounting Quiz 2:

Stockholders equity totaled $92,000 at the beginning of the year. During the year, net income was $22,000, dividends of $8,000 were declared and paid, and $20,000 of common stock was issued at par value

Required:

Calculate total stockholders equity at the end of the year. (Deductible amounts should be indicated by a minus sign.)

Stockholders' equity totaled $92,000 at the beginning of the year. During the year, net income was $22,000, dividends of $8,000 were declared and paid, and $20,000 of common stock was issued at par value Required Calculate total stockholders' equity at the end of the year. (Deductible amounts should be indicated by a minus sign.) Stockholders Equity Beginning: Changes Ending