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carla vista corp reported the following information for the 2 years ended december 31:2017total assets : 570,000total liabilities: 430,000total shareholders equity: 140,0002018 total assets: 640,000total

carla vista corp reported the following information for the 2 years ended december 31:2017total assets : 570,000total liabilities: 430,000total shareholders equity: 140,0002018 total assets: 640,000total liabilities: 430,000total shareholders equity: 210,000change in shareholders equity : 70,000

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() 4 Carla Vista's shareholders' equity consists only of common shares and retained earnings. Using the change in total shareholders' equity calculated in above part, calculate the net income or loss ended December 31, 2018, assuming each of the following independent scenarios: 1. Carla Vista issued no common shares during the year and did not declare any dividends. Net income or loss $ 2. Carla Vista issued no common shares during the year and declared and paid dividends of $11,000. Net income or loss 3. Carla Vista issued $35,000 of additional common shares during the year and did not declare any dividends. Net income or loss 4. Carla Vista issued $20,000 of additional common shares during the year and declared and paid dividends of $11,000. Net income or loss LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 2 used SAVE FOR LATER SUBMIT Earn Maximum Points available only if you answer this question correctly in your first attempt. 0 0 ( 4) ENG 9: here to search X W ? 202

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