Carla vista corp reported the following information for the 2 years ended december 31: 2017 total assets : 570,000 total liabilities: 430,000 total shareholders equity: 140,000 2018 total assets: 640,000 total liabilities: 430,000 total shareholders equity: 210,000 change in shareholders equity : 70,000.

 

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 S 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