Beginning of Year: End of Year: Assets Liabilities $25,000 $15,000 $64,000 $26,000 1) What is the balance in shareholder's equity at the beginning of the year? Beginning Equity 10000 2) What is the equity at the end of the year? Ending Equity 38000 3) If the company issues common shares of $9,200 and pay dividends of $40,500, how much is net income (loss)? Net Income (Loss) 4) If net income is $2,700 and dividends are $9,200, what was the value of common shares issued? Common Shares 5) If the company issues common shares of $16,900 and net income is $19,300, how much is dividends? Dividends 6) If the company issues common shares of $42,500 and pay dividends of $3,000, how much is net income (loss)? Net Income (Loss)