Assets Liabilities Beginning of Year: $28,000 $16,000 End of Year: $63,000 $25,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity 12000 Ending Equity 38000 3) If the company issues common stock of $5,900 and pay dividends of $36,300, how much is net income (loss)? 4) If net income is $3,500 and dividends are $7,200, how much is common stock? Net Income (Loss) Common Stock 5) If the company issues common stock of $19,000 and net income is $15,000, how much is dividends? 6) If the company issues common stock of $42,300 and pay dividends of $1,900, how much is net income (loss)? Dividends Net Income (Loss)