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 Liabilities Beginning of Year 126.000 $18,000 100.000 $25,000 1) What is the equity at the beginning of the year? Beginning Equity BOOD 2) What is the equity at the end of the year? Ending Equity 34000 HINT 3) If the company issues common stock of $5,500 and pay dividends of $42,800, how much is net income (loss)? Net Income (Loss) 63300 4) If net income is $1,500 and dividends are $8,100, how much is common stock? Common Stock 14001 5) If the company issues common stock of $19,400 and net income is $17,000, how much is dividends? Dividends 10400 6) If the company issues common stock of $41,700 and pay dividends of $4,900, how much is net income (loss)? Net Income (Loss) 10800