December 31, 2011
Assets 63,700
Liabilities 30,576
During year 2011
Stock issuances ?
Net income (loss) 8,466
Cash dividends 0
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Assets minus your liabilities and Net Income

I worked out the problem plugging in the numbers by the equation you gave me and the answer is being rejected.

Assets(63,700)-L(30,576)-Net(8,466)=24,658

is that the correct equation?

You need to add net income. You have deducted it.