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Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and

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Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the questions. Assets Liabilities Beginning of Year $28,000 15,000 End of Year $60,000 29,000 1) What is the equity at the beginning of the year? 2) What is the equity at the end of the year? Beginning Equity 13000 Ending Equity 31000 3) If the company issues common stock of $8,400 and pay dividends of 36,200, how much is net income (loss)? 4) If net income is $3,900 and dividends are $5,700, how common stock? Net Income (Loss) 45800 Common Stock 6400 5) If the company issues common stock of $15,600 and net income is $17,000, how much is dividends? 6) If the company issues common stock of $41,300 and p of $3,100, how much is net income (loss)

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