Beginning of Year: End of Year: Assets $26,000 Liabilities $18,000 $63,000 $25,000 1) What is the equity at the beginning of the year? Beginning Equity 8000 2) What is the equity at the end of the year? Ending Equity 38000 3) If the company issues common stock of $8,400 and pay dividends of $43,500, how much is net income (loss)? Net Income (Loss) -27100 4) If net income is $3,000 and dividends are $6,400, how much is common stock? Common Stock 5) If the company issues common stock of $19,000 and net income is $18,800, how much is dividends? Dividends 6) If the company issues common stock of $43,600 and pay dividends of $2,000, how much is net income (loss)? Net Income (Loss) CHECK ANSWER SKIP TO NEXT RESET