Question: The following are from a company s statements of financial position During

The following are from a company’s statements of financial position:
During 2016, the company issued additional shares for $7,000 and declared dividends of $4,000.
Required:
Calculate what the company’s net income or loss must have been for the year 2016. Be sure to indicate whether your answer represents net earnings or a net loss.

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  • CreatedJune 11, 2015
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