Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year Liabilities Assets $ 47,371 Beginning of the year 110,500 156,000 End of the year 63,180 a. Owner made no investments in the business, and no dividends were paid during the year b. Owner made no investments in the business, but dividends were $850 cash per month. c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock d. Dividends were $850 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock Determine the net income earned or net loss incurred by the business during the year for each oft (Decreases in equity should be indicated with a minus sign.) the above separate cases a b. d Beginning of the year-Equity S C Owner investments Dividends Net income (loss) End of the year-Equity