Great City Builders balance sheet data at May 31, 2014, and June 30, 2014, follow: For each of the following situations with regard to common

Great City Builders’ balance sheet data at May 31, 2014, and June 30, 2014, follow:

For each of the following situations with regard to common stock and dividends of a corporation compute the amount of net income or net loss during June 2014.
a. The company issued $ 6,000 of common stock and paid no dividends.
b. The company issued no common stock. It paid cash dividends of $ 10,000.
c. The company issued $ 18,000 of common stock and paid cash dividends of $20,000.

May 31, 2014 $177,000 122,000 June 30, 2014 $213,000 144,000 Total assets Total labilltes