A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $112,500 162,000 Liabilities $ 48,229 65,610 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, and dividends paid were $12,000 during the year. c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. d. Dividends paid were $12,000 during the year, and the owner did invest an additional $35,000 cash near year-end in exchange for common stock. Determine net income or net loss for the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.) Answer is complete but not entirely correct. Beginning of the year-Equity $ 64,271 $ 64,271 $ 64,271 $ 64,271 Owner investments Dividends 00 0 45,000 35,000 0 Net income (loss) 32,039 x End of the year-Equity $ 96,310 $ (12,000) 44.039 96,310 $ (12,000) (12,961) 9,039 96,310 $ 96,310