Exercise 2-15 Computing net income LO A1 A corporation had the following assets and liabilities at the beginning and end of this year. Assets Beginning of the year $ 62,000 End of the year 113,500 Liabilition $ 26.579 45,968. 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 $750 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 $750 cash per month, and the owner invested an additional $35,000 cash in exchange for common stock. Determine the net income earned or net loss incurred by the business during the year for each of the above separate cases: (Decreases in equity should be indicated with a minus sign.) b. c 6. Beginning of the year-Equity $ 35,421 $ 35,421 $ 35,421 $ 35,421 Owner investments i 0 Dividends Net income (loss) End of the year-Equity $ 0 $ 0 $