If the question is asking for end-of-year stockholders equity, ending common stock would be beginning of year common stock + common stock issues, and ending retained earnings would be beginning of year retained earnings - net loss - dividends paid

I know that it's Assets - Liabilities. But I need to be walked through this. I don't know which of these are assets and which are liabilitis!

Here's what I have:

Beginning-of-year common stock $124,000

Beginning-of-year retained earning 329,500

Net Income (19,750)

Dividends Paid 12,000

Issuance of common stock 39,000

thanks!