Four different companies-Chang, Henry, Nagel, and Wilcox-show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of stock On the basis of the preceding 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 Chapter 1 The Role of Accour E1-8 Net income and stockholders'equity for four Chang: Total Assets holders' equity, are summarized as follows: Total Liabilities $400,000 300,000 $775,000 900.000 Beginning of the year End of the year amount of increase or decrease in stockholders' equity during the year.) Company Chang: No additional capital stock was issued, and no dividends were paid. Company Henry: No additional capital stock was issued, but dividends of $90,000 were paid. Company Nagel: Capital stock of $125,000 was issued, but no dividends were paid. Company Wilcox: Capital stock of $125,000 was issued, and dividends of $90,000 were paid. 5 E1-9 Accounting equation and income statement Staples, Inc. (SPLS) is a leading office products distributor, with retail stores in the United States, Canada, Asia, Europe, and South America. The following financial statement data were adapted from recent financial statements of Staples: Year 2 (in millions) Year 1 (in millions) $10,172 4,788 (2) Total assets Total liabilities Total stockholders' equity Sales Cost of goods sold Operating expenses Other expense (net) Income tax expense $ 8,271 (1) 3,696 18,247 13.489 4,967 143 107 a. Determine the missing data indicated for (1) and (2) b. Using the income statement data for Year 2, determine the amount of net income or