Activity 4.b Using the Expanded Accounting Equation 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 beginning of Year 126.000 117.000 End of Year $36.000 HINT 1) What is the equity at the beginning of the year? Beginning Equity 9000 3) If the company issues common stock of $6,800 and pay dividends of $38.400, how much in net income oss? Net income (Loss) 2) What is the equity at the end of the year? Ending Equity 34000 4) If net income is $3.600 and dividends are $8.400, how much is common stock? Common Stock 5) if the company issues common stock of $18.500 and net income is $15,400, how much is dividends Dividends 60 if the company issues common stock of $41,000 and pay dividends of $2,800, how much is net income (loss)? Net income (Loss)