Problems 41 Middleton Clinic had total assets of $500,000 and an equity balance of $350,000 at the end of 2014. One year later, at the end of 2015, the clinic had $575,000 in assets and $380,000 in equity. What was the clinic's dollar growth in assets during 2015, and how was this growth financed? 4.2 San Mateo Healthcare had an equity balance of $1.38 million at the beginning of the year. At the end of the year, its equity balance was $1.98 million. a. Assume that San Mateo is a not-for-profit organization. What was its net income for the period? b. Now, assume that San Mateo is an investor-owned business. . Assuming zero dividends, what was San Mateo's net income? Assuming $200,000 in dividends, what was its net income? Assuming $200,000 in dividends and $300,000 in additional stock sales, what was San Mateo's net income