16 Shep Company's records show the following information for the current year. Total assets 29 Total liabilities Beginning of year $ 50,000 $ 22,000 End of year $ 80,000 $ 35,000 ints Check my worl 01:38:28 eflook Print eferences Determine net income (loss) for each of the following separate situations. (For all requirements, losses should be entered with a minus sign.) a. Additional common stock of $3,000 was issued, and dividends of $7,000 were paid during the current year b. Additional common stock of $15,000 was issued, and no dividends were paid during the current year c. No additional common stock was issued, and dividends of $12,000 were paid during the current year. a. Net income (loss) b. Net income (loss) c. Net income (loss)