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Beginning of Year: End of Year: Assets Liabilities $26,000 $16,000 $62,000 $26,000 1) What is the equity at the beginning of the year? Beginning

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Beginning of Year: End of Year: Assets Liabilities $26,000 $16,000 $62,000 $26,000 1) What is the equity at the beginning of the year? Beginning Equity 10,000 2) What is the equity at the end of the year? Ending Equity 36,000 3) If the company issues common stock of $5,800 and pay dividends of $42,200, how much is net income (loss)? Net Income (Loss) 4) If net income is $3,300 and dividends are $5,000, how much is common stock? Common Stock 5) If the company issues common stock of $17,900 and net income is $16,200, how much is dividends? Dividends 6) If the company issues common stock of $43,600 and pay dividends of $3,800, how much is net income (loss)? Net Income (Loss)

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