Question: pls, answer with the correct formula I have to enter. pls answer as soon as possible. A company had the following assets and liabilities at
A company had the following assets and liabilities at the beginning and end of this year. Determine net income or net loss for the business during the year for each of the above separate cases: a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, and dividends paid were $15,000 during the year. c. No dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock. d. Dividends paid were $15,000 during the year, and the owner did invest an additional $35,000 cash near year-end in exchange for common stock. Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used Nothing in this area will be graded, but it will be submitted with your assignment
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