Chapter 1 Assignment Chede my work 2 10 Exercise 1-14A Missing Information for determining net income LO 1-7 The December 31, Yeart, balance sheet for Deen Company showed total stockholders' equity of $156.000 Total stockholders' equity increased by $65.000 between December Yeart, and December 3 Year 2. During year 2. Deen Company acquired $20.000 cash from the issue of common stock. Deen Company paid a $5.000 cash dividend to the stockholders during Your 2. Required Determine the amount of net income or loss Deen reported on its Year 2 income statement. Mint Remember that stock issues, not income, and dividends all change total stockholders equity) N c V B N M