At the beginning of the current fiscal year, Surrey Corp.'s balance sheet showed assets of $400,000 and Liabilities

of $350,000. During the year, liabilities increased by $25,000. Net Income for the year was $240,000,

and net assets at the end of the year were $250,000. There were no changes in paid-in capital during the year. Calculate the dividends, if any, declared during the year. Calculate the total assets at the end of the year.