Exercise $1-4($Algo$)$ Calculate net income and stockholders' equity $($LO$1-2)$

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 $=$$$31,000$; Liabilities $=$$$17,500$; Dividends $=$$$1,100$; Revenues $=$$$10,200$; Expenses $=$ $$7,100.$

Required:

Calculate net income.

Net income

$2.$ Calculate stockholders' equity at the end of the period.

Stockholders' equity