PLEASE HELP ASAP!

Question 1 1 pts Total assets for our company are $500,000, and owner's equity is $150,000. The company had net income equal to $50,000 and paid dividends of $5,000 during the year. What do our total liabilities equal? $350,000 O$455,000 O $605.000 O$650,000 Question 2 1 pts The net income for our company this year is $20,000. The beginning and ending retained earnings balances were $36,000 and $50,000, respectively. The company issued no common stock. Calculate the amount of dividends paid by the company this year. O $34,000 O $14,000 O $16,000 O $6,000