Begin by identifying the accounting equation and the formula to calculate the change in the stockholders' equity during a period. (Abbreviations used: Beg. equity = beginning equity; End. equity = ending equity.) Accounting equation: = Assets = Liabilities + Equity Stockholders' equity equation: = Beg. equity + Common stock issued + Net income or - Net loss - Dividends = End. equity For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. (Use a minus sign or parentheses for a net loss.) a. The company issued $5,000 of common stock and paid no dividends. Net income (loss) = $ X Requirement Data Table May 31, 2018 June 30, 2018 For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. a. The company issued $5,000 of common stock and paid no dividends. b. The company issued no common stock. It paid cash dividends of $8,000. c. The company issued $30,000 of common stock and paid cash dividends of $22,000. Total Assets $ 155,000 $ 245,000 Total Liabilities 133,000 66,000 Print Done Print Done