Below are three situations about We Store For You$\text{'}$s issuance of shares and payment of dividends during the current year. For each$$ situation, use the accounting equation and Statement of Retained Earnings to compute the amount of We Store For You$\text{'}$s net income or loss for the current year.

$1.$

We Store For You issued shares for $ $2$ million and paid no dividends.

$2.$

We Store For You issued no shares and paid dividends of $ $3$ million.

$3.$

We Store For You issued shares for $ $11$ million and paid dividends of $ $2$ million.