Beginning of Year

Beginning of year Total assets $ 100,000 $ 140,000 Total liabilities 60,000 $ 75,000 (d) Total stockholders' equity $ 40,000 (a) 65,000 End of year Total assets $ 160,000 (b) 170,000 Total liabilities 110,000 50,000 Total stockholders' equity 50,000 $ 120,000 (e) Changes during year in retained earnings Dividends $ (c) 4,000 Total revenues 210,000 $ (f) Total expenses 160,000 75,000