please explain how to do these two problems, thanks

2 The first year of operations for a company was Year 1 The net income for Year 1 was $20.700 and dividends of $12,350 were paid. In Your 2. the company reported net income of $34.700 and paid dividends of $5,350. At the end of Year 1, the company had total assets of $157,000. At the end of Year 2, the company had total assets of S 5247000. What is the amount of retained earnings at the end of Year 2? 05 points Multiple Choice 5127350 o $137150 529.950 1300 4. Blue Fin started the current year with assets of $717,000, liabilities of $358,500 and common stock of $217,000. During the current year, assets increased by $417000, liabilities decreased by $58,500 and common stock increased by $292,000. There was no payment of dividends to owners during the year. Use the information above to answer the following question. What was the amount of Blue Fin's change in total stockholders' equilty during the year? Multiple Choice SALOO Increase 5475.500 inch 5233.500 Inc