Xoom, Inc. is a silicon valley start-up, and a competitor of Zoom Corporation, trying to provide web-conferencing software to end users. At the end of the current period, the company reports the following amounts: Assets $48,000; Liabilities - $26,000; Dividends = $2,800; Revenues - $13,600; Expenses $8,800. Required: 1. Calculate net income. Net income 2. Calculate stockholders' equity at the end of the period. Stockholders' equity