At the beginning of the current fiscal year, the balance sheet of Cummings Company showed liabilities of $440,000. During the year, liabilities decreased by $79,000, assets increased by $160,000, and paid-in capital increased by $21,000 to $381,000. Dividends declared and paid during the year were $122,000. At the end of the year, stockholders' equity totaled $757,000. Required