At the beginning of the current fiscal year, the balance sheet for Davis Co. showed liabilities of $256,000. During the year liabilities decreased by $14,400, assets increased by $52,000, and paid-in capital increased from $24,000 to $153,600. Dividends declared and paid during the year were $20,000. At the end of the year, stockholdersâ equity totaled $343,200. Required:
Calculate net income (or loss) for the year. (Negative amounts should be indicated by a minus sign.)

Stockholdersâ Equity
Assets=Liabilities+PIC+RE
Beginning: =$256,000+24,000+
Changes:52,000=(14,400)+ +
Ending: = +153,600+ ($343200 total SE)
Statement of Stockholders' Equity
Retained earnings, beginning
Less: Net loss
Less: Dividends
Retained earnings, ending$0

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.