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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

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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 $1,500 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 $1,500 cash per month, and the owner invested an additional $35,000 cash in exchange for common 5 tock. 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.)

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