Four different companies, A, B, C, and D, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of stockholders' equity, are summarized as follows:

On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (Suggestion: First determine the amount of increase or decrease in stockholders' equity during the year.)

Company A: No additional capital stock was issued, and no dividends were paid.

Company B: No additional capital stock was issued, but dividends of $72,000 were paid.

Company C: Capital stock of $162,000 was issued, but no dividends were paid.

Company D: Capital stock of $162,000 was issued, and dividends of $72,000 werepaid.

Total Assets Total Liabilities Beginning of the year End of the year $ 810,000 1,296,000 $324,000