At the beginning of the year Zoolander Inc.. had total assets of $$429,000$ and total equity of

$$183,000.$

By the end of the year Zoolander had total assets of $$406,000$ and total liabilities of $$174,000.$

During the year the business had new contributions by owners of $$20,000,$ expenses of $$372,000$

and revenues of $$403,000.$

Using the above information answer the questions which follow.

Enter digits only $-$ no dollar signs, no decimal points, no commas, and a $-$ sign only when you

are answering a 'change' question and the answer is a decrease.

Hint $-$ you do not necessarily need to solve these questions in the same order you see them

here.

What was the company's ending equity?

What was the change in liabilities during the year?

Start with a $-$ sign if it's a

decrease.

What was the amount of dividends paid?

What was the company's beginning total liabilities?

What was the company's profit for the period?