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A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities $35,153 Beginning of the year End of

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A corporation had the following assets and liabilities at the beginning and end of this year. Assets Liabilities $35,153 Beginning of the year End of the year 82,000 122,000 49.410 a. Owner made no investments in the business, and no dividends were paid during the year b. Owner made no investments in the business, but dividends were $1,350 cash per month. 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 were $1,350 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases (Decreases in equity should be indiceted with a minus sign.) d. a. 46 847 S Beginning of the year-Equity S 46,847 46.847 46 847 45,000 35,000 Owner investments Dividends Net income (loss) 0 0 End of the year-Equity S

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