Blackbeard's Restaurant began operations on January 1, 2011, with a total investment of $100,000 by its stockholders. The restaurant had a net loss its first year of business of $15,000. During 2012 and 2013, the business was profitable with net incomes of $25,000 and $50,000, respectively. The company paid $5,000 per year in dividends to its shareholders in 2012 and 2013.

Question

Blackbeard's Restaurant began operations on January 1, 2011, with a total investment of $100,000 by its stockholders. The restaurant had a net loss its first year of business of $15,000. During 2012 and 2013, the business was profitable with net incomes of $25,000 and $50,000, respectively. The company paid $5,000 per year in dividends to its shareholders in 2012 and 2013.
Blackbeard's Restaurant began operations on January 1, 2011, with a total investment of $100,000 by its stockholders. The restaurant had a net loss its first year of business of $15,000. During 2012 and 2013, the business was profitable with net incomes of $25,000 and $50,000, respectively. The company paid $5,000 per year in dividends to its shareholders in 2012 and 2013.

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The Answer of Blackbeard's Restaurant began operations on January 1, 2011, with a total investment of $100,000 by its stockholders. The restaurant had a net loss its first year of business of $15,000. During 2012 and 2013, the business was profitable with net incomes of $25,000 and $50,000, respectively. The company paid $5,000 per year in dividends to its shareholders in 2012 and 2013.

Blackbeard's Restaurant Began Operations on January 1, 2011, with a Total