The total assets and liabilities of Robot Company at January $1$ and December $31,2015$ are presented below.January $1$December $31$AssetsLiabilities$$76,000$$$112,00026,00028,800$Instructions:$1.$ Assume dividends of $$10,800$ were paid and no additional stock was issued during the year. Revenues were $$110,000.$ Compute: $($a$)$ net income, and $($b$)$ expenses

$2)$ Assume additional stock was issued for $$4,800$ and no dividends were paid during that year. Expenses were $$42,000.$ Compute $($a$)$ net income $($b$)$ revenue

$3)$ Assume additional stock was issued for $$62,000$ and dividends of $$15,600$ were paid during the year, compute the net income.

$4)$ Assume additional stock was issued for $$6,000$ and net income was $$51,000,$ compute dividends paid.

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