eBook Show Me How Calculator Net Income and Stockholders' Equity for Four Businesses Four different corporations, Arles, Gemini, Leo, and Pisces, 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 $91,400 $36,600 End of the year $146,200 $61,400 bn 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.) Aries: No additional common stock was issued, and no dividends were paid. Gemini: No additional common stock was issued, but dividends of $6,300 were paid. Additional common stock of $13,900 was issued, but no dividends were paid. Additional common stock of $25,200 was issued, and dividends of $6,000 were paid. Enter all amounts as positive numbers. Leo: Pisces: |Aries Gemini Leo Pisces Previous Next Check My Work Save and Ex Submit Assignment for