2 A company had the following assets and liabilities at the beginning and end of this year. 3 4 5 Beginning of the year Assets $60,000 Liabilities $20,000 6 End of the year 105,000 36,000 7 5. Owner made no investments in the business, and no dividends were paid during the year. 9 b. Owner made no investments in the business, and dividends paid were $15,000 during the year. 10. No dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock 11 d. Dividends paid were $15,000 during the year, and the owner did invest an additional $35,000 cash near year-end in exchan 12 13 Determine net income or net loss for the business during the year for each of the above separate cases: 14 15 Formulas for Dividends and Losses must result in a negative value. 16 (Use cells A4 to 111 from the given information to complete this question.) 17 Dividends Investments $0 50 $15,000 50 50 $15,000 $55,000 $35,000