Assets, January 1 Assets, December 31 Liabilities, January 1 Liabilities, December 31 Common Stock, December 31 Retained Earnings, December 31 Common Stock Issued during 20x6 Dividends declared during 20x6 Retained Earnings January 1 Common Stock, January 1 Required: (A) Solve for the missing values and (B) net income (loss) for 20x6. $175,000 110,000 35,000 10,000 ???? $225,000 ???? 60,000 5,000 ????

\begin{tabular}{|l|c|l|c|} \hline Assets, January 1 & $175,000 & Assets, December 31 & $225,000 \\ \hline Liabilities, January 1 & 110,000 & Liabilities, December 31 & ??? \\ \hline Common Stock, December 31 & 35,000 & Retained Eamings, December 31 & 60,000 \\ \hline Common Stock Issued during 20x6 & 10,000 & Dividends declared during 20x6 & 5,000 \\ \hline Retained Earmings January 1 & m?? & Common Stock, January 1 & ?7? \\ \hline \end{tabular} Required: (A) Solve for the missing values and (B) net income (loss) for 206. Kequirea: (A) solve for the missing values and (B) net income (loss) for 206