Determine net income (loss) for each of the following separate situations. (For all requirements, losses should be entered with a minus sign.)

Shep Company's records show the following information for the current year: Determine net income (loss) for each of the following separate situations. (For all requirements, losses should be entered with a minus sign.) a. Additional common stock of $3,600 was issued, and dividends of $7,600 were paid during the current year, b. Additional common stock of $15,150 was issued, and no dividends were paid during the current year. c. No additional common stock was issued, and dividends of $12,600 were paid during the current year