The balance sheet data for Bob's Electronics, Co., at August 31, 2018, and September 30, 2018, follow: (Click the icon to view the balance sheet data.) Read the requirement. First, use the amounts of total assets, total liabilities, and common stock given above and the accounting equation to determine the beginning and ending retained earnings amounts. Select the formula needed to compute the retained earnings balances and then complete the table to solve for the amounts. Total assets Total liabilities Common stock Retained earnings August 31, 2018 $ September 30, 2018 $ 140,000 155,000 81,000 117,000 10,000 10,000 $ 49,000 28,000 For each assumption, compute the amount of net income or net loss during September, 2018 by preparing the statement of retained earnings. (Use a minus sign or parentheses to enter a net loss. Enter a "0" for any zero balance accounts. Complete all answer boxes.) Bob's Electronics, Co. Statement of Retained Earnings Month Ended September 30, 2018 a. b. C. Add Net income or Subtract Net loss Subtotal Less: i Data Table Total assets. Total liabilities Common stock Total stockholders' equity - X Aug 31, 2018 Sep 30, 2018 $ 140,000 $ 155,000 81,000 117,000 10,000 10,000 ? ? Print Done Requirement 1. The following are three independent assumptions about the business during September. For each assumption, compute the amount of net income or net loss during September 2018. Find the solution by preparing the statement of retained earnings. First, use the amounts of total assets, total liabilities, and common stock given previously and the accounting equation to determine the beginning and ending retained earnings amounts. Then plug those and the other amount given in each assumption into the statement of retained earnings to determine the net income or net loss. a. The business paid no dividends. b. The business paid $13,000 of dividends. c. The business paid $25,000 of dividends. Print Done