Bookmarks People Tab Window Help CengageNOWv2 | Online teaching and learning resource from Cengage Learning t/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Net Income and Stockholders' Equity for Four Businesses Four different corporations, Cancer, Libra, Sagittarius, and Virgo, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of stockholders' equity, are summarized as follows: Total Assets Total Liabilities Beginning of the year $102,500 $41,000 End of the year $164,000 $68,900 On the basis of the above data and the following additional information for the year, determine the net income (or loss) of each company for the year. (Hint: First determine the amount of increase or decrease in stockholders' equity during the year.) Cancer: No additional common stock was issued, and no dividends were paid. Libra: No additional common stock was issued, but dividends of $7,100 were paid. Sagittarius: Additional common stock of $22,000 was issued, but no dividends were paid. Virgo: Additional common stock of $14,900 was issued, and dividends of $7,400 were paid. Cancer Libra Sagittarius Virgo Check My Work Previous All work saved. Save and Exit Submit Assignment for Grading MacBook Air