Required $3$Required $4$Required $5$

Compute the amount of assets for Company C at the end of the year.

Beginning of Year

Assets $=$ Liabilities $+$ Equity

$$22,400=$ $$12,096+$ $$10,304$

Equity, beginning of year $$10,304$

Add: Stock issuances $9,750$

Add: Net income $6,700$

$26,754$

Less: Cash dividends $5,875$

Equity, end of year $$20,879$

End of Year

Assets $=$ Liabilities $+$ Equity

$$?=?+$ $$20,879$