Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $112,500 155,000 Liabilities $48,229 62,775 a. Owner made no investments in the business, and no dividends were paid during the year. b. Owner made no investments in the business, but dividends were $1,200 cash per month c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock d. Dividends were $1,200 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock, Determine net income or net loss for the business during the year for each of the above separate cases: (Decreases in equity should be Indicated with a minus sign.) d. 0 $ 0 $ 0 Beginning of the year-Equity Owner investments Dividend Net Income (loss) End of the year-Equity 0 $ 0 $ 0