Assets Liabilities Beginning of Year: $27,000 $15,000 End of Year: $61,000 $26,000 1) What is the equity at the beginning of the year? Beginning Equity 3) If the company issues common stock of $5,800 and pay dividends of $40,700, how much is net income (loss)? Net Income (Loss) 5) If the company issues common stock of $15,400 and net income is $15,300, how much is dividends? Dividends 2) What is the equity at the end of the year? Ending Equity 4) If net income is $3,900 and dividends are $6,100, how much is common stock? Common Stock 6) If the company issues common stock of $42,900 and pay dividends of $3,700, how much is net income (loss)? Net Income (Loss)