Panthers, Inc. began 2014 with $46,000 in total assets and $12,000 in common stock. The company started

in business in 2013 and in that year, it earned $6,000 in net income and paid no dividends. How much did

Panthers have in total assets at the end of 2014 if it earned $10,000 in net income and paid $2,000 in dividends.

Panthers had total liabilities at December 31, 2014 of $33,000.