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At the beginning of the year Tallie Ltd. had total assets of $528,000 and total liabilities of $273,000. During the year Tallie had paid dividends

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At the beginning of the year Tallie Ltd. had total assets of $528,000 and total liabilities of $273,000. During the year Tallie had paid dividends of $17,000, collected new contributions by owners of $19,000 and earned revenues of $396,000. At the end of the year Tallie has total assets of $491,000 and total equity of $329,000. Solve for all the unknown numbers and answer the following questions. Question 34 (2 points) What was the company's profit for the period? ^ Question 35 (2 points) What is the amount of total expenses incurred during the year? Enter your answer as a NEGATIVE NUMBER. For instance, if your answer is $900 of dividends were paid, enter -900 Previous Page Next Page Page 3 of 7

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