At December 31, 2012, HIBS, Inc. reported net income of $15,000. The ending owners equity is $20,000. During the year, HIBS issued additional common stock for $2,600 and paid dividends of $6,000. Which of the following statements is TRUE. a. One of the line items on HIBSs Income Statement is Dividend Expense, $6,000. b.Owners equity increased by $15,000 during 2012. c. Beginning Owners Equity was $8,400. d. By issuing additional stock, HIBS increase net income by $2,600. e None is the correct answer