page 7 8. The following is Ameline Corporation's Stockholders' Equity for the years, 2018 and 2019: Stockholders' Equity 2018 2019 Common Stock ($4 par value) Retained Earnings Total Stockholders Equity 200,000 1,398,120 1,598,120 200,000 1,150,000 1,350,000 $ $ a. The company paid $55,000 in dividends in 2019. What was the company's Net Income in 2019? (6 points) = 248, 120 Net income 1398, 120 -1,150,coce Additions to me 55.coet +546+2 dhe 1348,120 0 1398, 120 6 55,ooc = 803, 120 – 1343120 b. Use the numbers above. In 2018, Ameline Corporation had a Debt Ratio Total Debt / Total Assets) of 30%. What was the company's Total Asserts in 2018? (5 points)

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now