... 32,592 492,592 2,866,592 2011 145,600 200,000 136,000 481,600 323,432 460,000 203, 768 663,768 1,468,800 3-5 © 2013 Cengage Learning All Rights Reserved May not be scanned, copied, or duplicated, ... Stockholders’ Shares Amount Earnings Equity 100,000 $460,000 $ 203, 768 $663,768 (160,176) (11,000) 100,000 $460,000 $ 32,592 (171,176) $492,592 3-8 © 2013 Cengage Learning All Rights Reserved May not be scanned, ... Expansion’s Effect on Operations 2012 2011 $6 ,034 ,000 $3,432,000 AT oper inc -78,569 114,257 NOWC 913,042 842,400 Net income -160,176 87,960 Sales 3-14 © 2013 Cengage Learning All Rights Reserved May...