For each of the following, determine the amount of net income or net loss for the year.

A. Revenues for the year totaled 220,500 and expenses totaled 35,500.The shareholders purchased 15,000 of common stock during the year.

B. Revenues for the year totaled 220,500 and expenses totaled 175,000. The shareholders were paid 40,000 dividends during the year.

C Revenues for the year totaled 149,000 and expenses totaled 172,000. The shareholders purchased 12,000 of common stock and were paid 16,000 in dividends during the year,

D. Revenues for the year totaled 198,150 and expenses totaled 174,200. The shareholders were paid 35,000 dividends during the year.