San Mateo Healthcare had an equity balance of $1.50 million at the beginning of the year. At the end of the year, its equity balance was $2.10 million.

b. Now, assume that San Mateo is an investor-owned business.

Assuming zero dividends, what was San Mateos net income?

Assuming $200,000 in dividends, what was its net income? (you need two answers for both parts of this question)