a. Owner made no investments in the business, and no dvidends were paid during the year b. Owner made no investments in the business, but dividends were $1,250 cash per month. c. No dividends were paid during the year, but the owner did invest an additional $55,000 cash in exchange for common stock d. Dividends were $1,250 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 indicated with a minus sign.) a. b. C. d. 60,000| 60.000| 60,000| 55,000 $ $ $ Beginning of the year-Equity Owner investments Dividends Net income (loss) End of the year-Equity 60000 35,000 (15,000) (15,000) 69,000 69,000 $6900 69,000