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Stockholders' equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000 were declared and paid, and

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Stockholders' equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000 were declared and paid, and $22,000 of common sock was issued at par value. Required Calculate total stockholders' equity at the end of the year. (Deductible amounts should be indicated by a minus sign) Stockholders Equity Changes 29,000 Ending 29,000

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