Stockholders' equity totaled $100,000 at the beginning of the year. During the year, net income was $30,000, dividends of $5,500 were declared and paid, and $28,000 of common stock was issued at par value. 3 Required: Poms Calculate total stockholders' equity at the end of the year. Indicate the nancial statement effect. (Enter decreases with a minus sign to indicate a negative financial statement effect.) eBook Hint