Eagle Corporation operates Magnetic Resonance Imaging (MRI) clinics throughout the Northeast. At the end of the current period, the company reports the following amounts: Assets = $32,000; Liabilities = $18,000; Dividends = $1,200; Revenues = $10,400; Expenses = $7,200. Required: 1. Calculate net income. 2. Calculate stockholders' equity at the end of the period