Saved Help Save & Exit Submit my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Complete this question by entering your answers in the tabs below. Required A Required B Required C On August 1, Lola Company's assets are $43,000 and its liabilities are $23,000. On August 4, Lola issues a sustainability report. On August 5, ownership invests $9,500 cash and $13,500 of equipment in Lola. After the investment, what is the amount of equity for Lola? + Equity Assets Liabilities August 1 S 43,000 $ 23,000 + + Change August = 5 Return to question 16 Shep Company's records show the following information for the current year: 25 nts Total assets Total liabilities Beginning of year $ 57,600 End of year $ 89,500 $ 38,800 $ 25,800 Determine net income (loss) for each of the following separate situations. (For all requirements, losses sh minus sign.) a. Additional common stock of $6,800 was issued, and dividends of $10,800 were paid during the curren b. Additional common stock of $15,950 was issued, and no dividends were paid during the current year. c. No additional common stock was issued, and dividends of $15,800 were paid during the current year. Answer is not complete. a. Net income (loss) $ 46,700 b. Net income (loss)