Beginning of Year: End of Year: Assets $27,000 Liabilities $16,000 $61,000 $25,000 1) What is the equity at the beginning of the year? Beginning Equity 11000 2) What is the equity at the end of the year? Ending Equity 36000 3) If the company issues common stock of $8,600 and pay dividends of $36,000, how much is net income (loss)? Net Income (Loss) 52400 4) If net income is $3,100 and dividends are $5,000, how much is common stock? Common Stock 50100 5) If the company issues common stock of $17,300 and net income is $17,500, how much is dividends? Dividends 6) If the company issues common stock of $41,700 and pay dividends of $2,200, how much is net income (loss)? Net Income (Loss)