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Determine the net income or net loss for year 7. Note: Do not use a negative sign with your answer. Net loss Dividend Payments

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Determine the net income or net loss for year 7. Note: Do not use a negative sign with your answer. Net loss Dividend Payments Ending Retained Earnings $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 $250,000 $200,000 $150,000 $100,000 $50,000 $0 of $ 190,000 m 01 2 3 4 In x 5 Year 8 ch 9 10 11 12 13

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