Total assets were $80,000 and total liabilities were $43,000 at the beginning of the year. Net income for the year was $16,000, and dividends of $5,500 were declared and paid during the year. Assume that no other changes occurred during the year. Required: Calculate total stockholders' equity at the end of the year. Indicote the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect