Total assets were $78,000 and total liabilities were $42,000 at the beginning of the year. Net $5,000 were declared and paid during the year. income for the year was $15,500, and dividends of Required: Calculate total stockholders' equity at the end of the year. (Deductible amounts should be indicated by a minus sign) Stockholders AssetsLiabilities Equity Beginning! $ 78,000-$ 42,000- Changes: (5,000) (5,000) Ending