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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

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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 =$44,000; Liabilities =$24,000; Dividends =$2,400; Revenues =$12,800; Expenses =$8,400. Required: 1. Calculate net income. 2. Calculate stockholders' equity at the end of the period

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