5 Shep Company's records show the following information for the current year: Beginning of year $ 57,200 End of year $ 89,000 $ 38,600 $ 25,600 Total assets Total liabilities Determine net income (loss) for each of the following separate situations. Note: For all requirements, losses should be entered with a minus sign. a. Additional common stock of $6,600 was issued, and dividends of $10,600 were paid during the current year. b. Additional common stock of $15,900 was issued, and no dividends were paid during the current year. c. No additional common stock was issued, and dividends of $15,600 were paid during the current year. a. Net income (loss) b. Net income (loss) c. Net income (loss)

Shep Company's records show the following information for the current year: Determine net income (loss) for each of the following separate situations. Note: For all requirements, losses should be entered with a minus sign. a. Additional common stock of $6,600 was issued, and dividends of $10,600 were paid during the current year. b. Additional common stock of $15,900 was issued, and no dividends were paid during the current year. c. No additional common stock was issued, and dividends of $15,600 were paid during the current year