Explain in a few sentances what this example means. This is strictly qualitative.

Suppose the firm had shareholders' equity on the balance sheet at a book value of $5,000 at the end of Year t1. Suppose during Year t, the firm earns net income of $600, pays dividends to shareholders of $360, issues new stock to raise $250 of capital, and uses $50 to repurchase common shares. The book value of shareholders' equity the end of Year t is BVt=BVt1+NItDt=$5,000+$600$360+$250$50=$5,000+$600$160=$5,440. In this example, all-inclusive dividends (Dt) in Year t amount to $160. Using the expression for dividends shows that Dt=NIt+BVt1BVt=$600+$5,000$5,440=$160. One can verify this amount of all-inclusive dividends in this example by recognizing that the dividends paid plus the cash paid for share repurchases minus the cash received from issuing shares equals the total amount of all-inclusive dividends of $160(=$360+$50$250)