At the beginning of the current fiscal year, the balance sheet of Cummings Company shows liabilities of $431,000.$ During the year, liabilities decreased by $$70,000,$ assets increased by $$152,000,$ and paid$-$in capital increased by $$23,000$ to $$378,000.$ Dividends declared and paid during the year were $$123,000.$ At the end of the year, stockholder's equity totaled $$752,000.$