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O ACT Corporation - Personal - Microsoft Edge https://act.pearsoncmg.com/test-out/1 Assets Liabilities $27,000 $15,000 Beginning of Year: 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 I Ending Equity 3) If the company issues common stock of $5,600 and pay dividends of $41,600, how much is net income (loss)? 4) If net income is $2,200 and dividends are $8,000, how much is commor stock? Net Income (Loss) Common Stock 5) If the company issues common stock of $18,300 and net income is $16,900, how much is dividends? 6) If the company issues common stock of $43,500 and pay dividends of $a how much is net income (loss)? Dividends Net Income (Loss) Q r a c O ACT Corporation - Personal - Microsoft Edge https://act.pearsoncmg.com/test-out/1 Assets Liabilities $27,000 $15,000 Beginning of Year: 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 I Ending Equity 3) If the company issues common stock of $5,600 and pay dividends of $41,600, how much is net income (loss)? 4) If net income is $2,200 and dividends are $8,000, how much is commor stock? Net Income (Loss) Common Stock 5) If the company issues common stock of $18,300 and net income is $16,900, how much is dividends? 6) If the company issues common stock of $43,500 and pay dividends of $a how much is net income (loss)? Dividends Net Income (Loss) Q r a c