Assets - Liabilities + Stockholders' Equity Retained Earnings Accounts + Receivable Supplies Equipment Accounts Payable Common Stock +$15,000 Revenues Expenses Dividend + $5,000 +$3,000 +$750 $4,500 + $9.400 Service Revenue Cash +$15,000 -2.000 -750 +4,900 - 1,500 -2,000 -850 +450 -3,900 -1,500 -$2,000 Rent Expense -$850 -3,900 -500 Salaries/Wages Expense Utilities Expense (b) Determine how much stockholders' equity increased for the month. Increase in stockholders' equity (c) Compute the amount of net income for the month Net income Toth Company had the following assets and liabilities on the dates indicated. December 31 2019 2020 2021 Total Assets $400,000 $480,000 $590,000 Total Liabilities $260,000 $300,000 $400,000 Toth began business on January 1, 2019, with an investment of $100,000 from stockholders. From an analysis of the change in stockholders' equity during the year, compute the net income (or loss) for: (a) 2019, assuming Toth paid $15,000 in dividends for the year. Net income (loss) for 2019 (b) 2020, assuming stockholders made an additional investment of $50,000 and Toth paid no dividends in 2020. Net income (loss) for 2020 (c) 2021, assuming stockholders made an additional investment of $15,000 and Toth paid dividends of $30,000 in 202 Net income (loss) for 2021