Assets Liabilities Beginning of Year: $28,000 $15,000 End of Year: $64,000 $25,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity 13,000 Ending Equity 39,000 3) If the company issues common stock of $6,900 and pay dividends of $37,400, how much is net income (loss)? 4) If net income is $3,000 and dividends are $6,100, how much is common stock? Net Income (Loss) Common Stock 5) If the company issues common stock of $19,400 and net income is $16,700, how much is dividends? 6) If the company issues common stock of $42,700 and pay dividends of $4,500, how much is net income (loss)? Dividends Net Income (Loss)