Refer to the information below for Phung Inc. a. Calculate

Refer to the information below for Phung Inc.
a. Calculate the net income or loss for 2014.
b. What caused common shares to change during 2014? Show your calculations.
c. What caused the change in notes payable during 2014?
d. Do share dividends affect the statement of cash flows? Explain youranswer.

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